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Towards the OK EU with a new regime on state aid

2023-03-09T07:43:45.197Z


Greater flexibility to respond to the US inflation law (ANSA) The European Commission is preparing tomorrow to give the green light to the new temporary state aid regime to grant greater flexibility to the governments of the Twenty-seven. This is what is being learned in Brussels. The new framework is part of the EU response to the Inflation Reduction Act (IRA) of the Joe Biden administration, which contains a maxi-package of green subsidies worth around $37


The European Commission is preparing tomorrow to give the green light to the new temporary state aid regime to grant greater flexibility to the governments of the Twenty-seven.

This is what is being learned in Brussels.

The new framework is part of the EU response to the Inflation Reduction Act (IRA) of the Joe Biden administration, which contains a maxi-package of green subsidies worth around $370 billion for businesses.

The go-ahead will come just as President Ursula von der Leyen is on a mission to the United States, where a face-to-face meeting with Biden is scheduled for Friday, who will have IRA among the issues on the table. 

Source: ansa

All news articles on 2023-03-09

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