French President Emmanuel Macron on Thursday called on the EU to move “
faster
” in its response to help its industry and maintain “
fair competition
” with the United States in the face of its vast subsidy plan, the Inflation Reduction Act ( IRA).
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“
We must have
” an answer “
to maintain, if I may say so, fair competition
” and “
defend major projects, in particular on green technologies and technologies of the future in Europe.
Which means going faster, simplifying our rules and having a macroeconomic response and a level of aid that (…) makes it possible to respond, to be the equivalent of what the Americans have done
“, he declared on his arrival in Brussels for a European summit.