English Newsletters Events Podcasts Videos Africanews Search

subsidies

Earth News

‘End handouts’ for fossil fuels, urges UN chief ahead of COP17

ADVERTISEMENT

ADVERTISEMENT

Europe News

Massive China subsidies distorting markets, OECD says

Chinese state subsidies have hit record levels, climbing to nearly 10% of company revenue in the chip sector and distorting markets, according to a new OECD report, published as the EU mulls new measures to counter Beijing's aid.

Business

European countries with the most government subsidies for buying EVs

While all EU member states offer some form of tax benefit to boost EV sales, there is a significant difference between their direct purchase incentive schemes, with some of the most generous ones coming from Southern European countries.

Earth News

Italy ‘worst offender’: G7 countries give record fossil fuel subsidies

Despite promising a fossil fuel subsidies phaseout by 2025, G7 governments continue to increase taxpayer spend.

Europe News

European glass fibre makers target Egypt-based Chinese makers

European glass fibre producers lodge an anti-dumping complaint calling on the Commission to apply anti-dumping duties on production passing through the Belt and Road Initiative.

ADVERTISEMENT

Europe News

EU ministers offer soothing talk for farmers in CAP reset launch

New agriculture Commissioner envisions no overhaul for the EU's agricultural subsidies system, as ministers began talks on reforms, seeking to maintain a farmer-centric Common Agricultural Policy.

Earth News

Fossil fuel company car subsidies cost EU taxpayers €42bn a year

Subsidies for petrol and diesel company cars cost EU taxpayers €42bn a year, study finds.

Earth News

How will the UK’s ‘rooftop revolution’ boost solar power?

Solar panel installations tripled in the UK thanks to incentives, analysis shows.

Climate

Redirect farming subsidies from meat for climate's sake, World Bank says

EU member states and other high-income countries should shift subsidies from emissions-heavy ‘wasteful’ foods like red meat towards greener fruit and veg, according to the World Bank.

Business

Eurotunnel operator offers cash to attract new cross-channel services

Getlink says that there is capacity for 2.5 times more trains to use the Channel Tunnel on a daily basis.

Europe News

Commission carries out first raid under foreign subsidies regulation

The EU Executive has used new powers for the first time against an unnamed security equipment company.

Europe News

EU probes Chinese solar panels over potentially 'distortive' subsidies

The European Commission has launched two investigations into Chinese manufacturers of solar panels suspected of benefitting from "distortive" state subsidies and gaining an "unfair advantage."

Earth News

Farmers say they’re being tied up in red tape by EU bureaucracy

Farmers have many complaints - from insufficiently regulated cheap imports to overbearing environmental rules- but the reams of red tape set everyone off almost instantly.

Climate

Where in Europe offers the biggest grants for heat pumps?

Heat pumps are expensive - but these government subsidies are making them affordable for homeowners.

Business

Protests continue in Romania over taxes and Ukraine competition

Romanian truck drivers and farmers protested across the country for the sixth time on Monday, as negotiations with the coalition government over lower taxes, higher subsidies and other demands failed to reach any agreements.

Business

Euroviews. The global minimum tax is here, and this tax emperor has no clothes

Will the minimum tax raise hundreds of billions in revenue and end tax competition? At best, it’s uncertain; at worst, it’s unlikely, Daniel Bunn writes.

Europe News

Euroviews. 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.