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The Mayor and Habeck, a Franco-German duo in Washington to defend Europe

2023-02-07T20:14:09.882Z


In a trip in an unprecedented format, the two Ministers of the Economy pleaded for new concessions in order to establish fair competition against the IRA, the American support plan for green industry.


Special envoy to Washington,

"Europe, what phone number?"

This ironic quote is attributed to Henry Kissinger who wondered about the lack of direction and incarnation of this strange political object that is the European Union.

Europe came to Washington on Tuesday with two phone numbers but only one voice.

This is at least the message hammered home by Bruno Le Maire and his German counterpart Robert Habeck, the vice-chancellor, green, during this unprecedented duo visit to the American capital.

Objective of the representatives of the two leading economic powers of the Old Continent: to defend the interests of the EU against the IRA (Inflation Reduction Act), this massive plan of subsidies for the energy transition adopted this summer by the American Congress, described as

"aggressive"

by Emmanuel Macron during his visit to the White House in December.

Get more transparency

While the IRA favors American industry through tax credits and subsidies, up to 370 billion…

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Source: lefigaro

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