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The EU has to seek answers that go beyond short-term energy subsidies
Brussels wants to extend regulations that permit EU member states to subsidise energy prices. While the sentiment behind this is to be lauded, the reality is that interventionism will ultimately distort the natural behaviour of the EU market and undermine its very future, Szymon Kardaś writes.
Engie wins €128 million court tax fight
The French energy company wasn’t given an unfair advantage by its arrangements in Luxembourg, judges ruled, dealing a blow to EU efforts to curb tax avoidance
Brussels prolongs subsidies for struggling EU firms until June 2024
The European Commission has decided to extend until June 2024 two extraordinary measures that make it easier for member states to support companies affected by persistently high energy prices.
EU may probe foreign subsidies to support its wind energy sector
An action plan unveiled on Tuesday to boost the EU’s wind energy sector could trigger investigations into foreign subsidies where there is evidence of damage to European industry.
The World Bank has had enough of billion euro fossil fuel subsidies
Fossil fuel and agricultural subsidies should be redirected to climate action, Ajay Banga suggested at the bank's annual meeting.
Unfair Chinese competition: EU plans anti-subsidy steel probe
In a joint effort with Washington, the European Union is planning anti-subsidy investigations against Chinese steelmakers.
The French court of auditors calls for reform of film subsidies
Too many films? One of the French Court of Auditors' recommendations is likely to be controversial...
Everything we know about the EU inquiry into Chinese electric cars
It was the big surprise of the State of the Union speech: the European Union is launching a trade inquiry into Chinese electric vehicles.
The EU can fight Big Oil's lawfare by ending the money train
By suing governments due to climate action, fossil fuel firms are biting the hand that feeds them. There’s a simple solution: stop feeding them, Isabel Schatzschneider writes.
Brussels approves €8 billion in subsidies for EU-made microchips
The European Union is hoping to boost domestic production of semiconductors and capture 20% of the global market by 2030.
Pay people €5 a day to keep biodiversity loss at bay, new study finds
A conservation basic income can yield vital results for nature, for less money than governments spend subsidising fossil fuels and destructive industries.
EU relaxes subsidy rules to prevent exodus of green tech companies
The new rules will make it easier for member states to inject subsidies into key green tech products such as solar panels, heat pumps and wind turbines.
Why did governments spend €900bn on fossil fuel subsidies in 2022?
The International Energy Agency has urged world leaders to spend money on clean energy solutions rather than fossil fuel subsidies.
Europe’s spend on energy crisis nears 800 billion euros
The spending earmarked by the countries on the energy crisis is now in the same league as the EU's 750-billion-euro COVID-19 recovery fund.
EU presents new industrial plan to counter American green subsidies
The EU plan is a direct response to the $369-billion Inflation Reduction Act promoted by US President Joe Biden.
Germany & France account for most EU subsidies. Why is that a concern?
The US Inflation Reduction Act has triggered an intense debate in the EU that pits industrial subsidies against fair competition.
EU approves €28 billion German renewable energy scheme
Some say the multi-billion euro scheme could distort competition in the European Union's single market.
Macron-Biden meet is 'turning point' to avert trade war, Le Maire says
France's finance minister Bruno Le Maire said talks between Macron and Biden in Washington have reassured European concerns over the US Inflation Reduction Act, a massive subsidies package to US manufacturers.
EU court annuls Brussels ruling for Fiat to pay €30mn in back taxes
The European Commission had said that a 2012 tax ruling by Luxembourg toward a Fiat company was in breach of the bloc's state aid rules.
Former Czech prime minister Andrej Babiš to face trial for fraud
Babis denies any wrongdoing and has repeatedly said the allegations against him were politically motivated.