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subsidies

Business

European countries with the most government subsidies for buying EVs

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Green 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.

Living

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.

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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."

Green 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.

Business

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

Europe News

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.

Europe News

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.

Green News

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.

Business

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.