EU unveils plan to counter US green subsidies, China competition


Brussels (AFP) Feb 1, 2023
The EU on Wednesday unveiled proposals including a controversial relaxation of state aid rules to counter the threat to European industry from US green subsidies and unfair competition from China. The bloc is racing to compete with the United States and China to avoid businesses relocating to Asia or North America where energy costs are cheaper, but EU member states are divided on how to res This article was originally published by Read the original article here.

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