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EU plans to relax curbs on tax credits in response to ‘toxic’ US subsidies
Covid recovery funds could also be redirected under proposed loosening of state-aid rules, according to draft plan
Also in today’s newsletter: Paschal Donohoe has become the wrong kind of poster boy
France calls for ‘Made in Europe’ strategy in response to America’s Inflation Reduction Act
Stricken gas importer will have to sell off its most modern power plant
Capitals want to avoid triggering a subsidy race within the bloc
European Commission president Ursula von der Leyen plans to ease regulations in response to US green stimulus measures
British Gas owner says contentious deal may lead to test of Northern Ireland protocol
Competition commissioner Margrethe Vestager to continue campaign against governments offering what she sees as unfair subsidies
Opec makes no production changes yesterday, cartel awaits Russia oil price cap to take effect
Commission chief unveils easing of state aid rules to compete with Biden’s climate package
Competition commissioner Margrethe Vestager says plan for rapid action is a ‘no-brainer’
Approval comes under state aid rules as EU seeks to diversify its energy supplies
Head of Franco-Dutch group plans to repay state aid and raise €4bn in fresh capital
Delays to factory near Berlin meant carmaker was unable to meet European state aid conditions
EU competition chief Margrethe Vestager says bloc seeking to extend deadline ‘one last time’
Italian national carrier set to be replaced within weeks by new standalone airline
Government accused of handing ‘unfair’ advantage to UK-based producers through loophole
The General Court overturned a European Commission order to the tech giant to pay back taxes in Luxembourg
A post-Brexit system of nimbler subsidy decisions also means less scrutiny
Promise of nimbler system with less red tape but tensions likely with devolved governments
Planned changes are insufficient to cut carbon emissions from farming, warn activists
Airline boss Michael O’Leary has criticised funding that he says suppresses competition
Separate victory against utility group Engie highlights battle over ‘sweetheart’ deals
Proposals would be challenge to China at tense time for EU relations with Beijing
International Edition
