English

More about this topic

Culture news

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...

Europe Decoded

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.

World News

Euroviews. 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.

Economy

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.

ADVERTISEMENT

Nature

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.

Europe News

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.

Green News

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.

Green News

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.

Europe News

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.

Economy

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.

Green News

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.

France

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.

Europe News

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.

Czech Republic

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.

Green News

Is the UK illegally subsidising fossil fuel companies?

Britain's treasury received around £248 million (€289 million) from oil and gas production in 2020/21.

Green News

What is CAP and why is '#VotethisCAPdown' trending?

You might have seen the hashtag on Twitter as environmentalists, campaign groups and Green MEPs question the commitment of the updated policy.

Mobility

Decision to give Tesla €1 billion in subsidies expected at end of 2021

The US electric carmaker will have to wait to see if it will benefit from state subsidies in Germany for its gigafactory near Berlin.

Europe News

Brussels moves to control foreign takeovers of EU companies

The European Commission has proposed a new law to investigate the activity of companies that receive subsides from non-EU governments.