Tag: State aid
Taiwanese chips giant moves ahead with German plant investment – POLITICO
Taiwan-based chips manufacturer TSMC on Tuesday formally announced an investment of about €3.5 billion into a microchip production plant in Germany, its first in Europe.
The commitment is a huge boost for the EU’s push to become less dependent in the field of microchips, which are used in everything from cars to smartphones. The EU’s goal is to bring its market share in the global semiconductor value chain to 20 percent (from 9 percent now). The goal was set because
Commission VP spars with outgoing top economist over industrial policy – POLITICO
In his first interview since stepping down as the European Union’s chief competition economist, Pierre Régibeau told Belgian newspaper L’Echo that fear of European deindustrialization was unjustified.
If European heavy industry disappears, “so be it, because it has to. What’s the point of producing basic steel here if we can buy it three times cheaper in Indonesia?” Régibeau said, answering a question about the major concerns of steel manufacturer ArcelorMittal.
However, European Commission Vice President Margaritis Schinas isn’t buying it.
20 people who matter in the UK’s race to net zero – POLITICO
Press play to listen to this article
Voiced by artificial intelligence.
LONDON — The U.K. has net zero targets. Now it’s just got to figure out how to get there — fast.
In the space of four years, the U.K.’s legal net zero target has gone from words on paper to a vast national effort touching the lives of everyone in the country. Despite ambitious goals, enshrined in law, some in industry criticize what they see as the lack of
The von der Leyen Commission’s half-time scorecard – POLITICO
If Ursula von der Leyen’s five-year term can be likened to a soccer match, her team is heading for the half-time break with the scores even and a few bruised shins (mostly from self-inflicted errors).
It’s been a wild ride.
When they took the field in December 2019, von der Leyen’s squad of commissioners envisioned a diplomatic offensive in which Brussels would sneak a few goals past its chief geopolitical counterparts, China and the United States. Tactically, the formation was