(ANSA) - BRUSSELS, MARCH 22 - On the subject of state aid in the EU "we should also keep in mind that there are hidden and less transparent subsidies from China, for which we must also make sure to maintain a level playing field for European companies".
This was stated by the president of the European Commission Ursula von der Leyen at the end of the tripartite social summit.
"When you look at the global level playing field it is very important that our companies and the cleantech industry are treated fairly," said vonder Leyen. "We have agreed with our American friends to have a dialogue on transparency so that know exactly what the incentives are on the American side" so that we can make corresponding policies.
"In principle, every Member State can use this tool", said von der Leyen, recalling that "for some Member States it is easier to use state aid, while others do not have the financial leeway necessary to use it. Here the funds are diverse and accessible: RepowerEU, InvestEU, the Innovation Fund and the Cohesion Funds".
'There is a wide variety of possibilities for Member States to give tax breaks to the cleantech industry, but also to incentivize projects and especially to incentivize pan-European cross-border projects,' she concluded.
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