The EU Commission wants to allow member states to attract factories with subsidies. This is in response to a US program, but it is extremely risky. The money can be invested more wisely.comment by Björn Finke, BrusselsIt's about billions of euros in taxpayer money, it's about fairness and the future of Europe's industry: The EU Commission wants to make it easier for member states to pay subsidies to corporations that invest in green technologies. For example in a battery factory...
Now it's being subsidized back: If countries outside Europe, for example the USA, support the establishment of factories for green technologies such as batteries with subsidies, EU governments should in future be allowed to lure them with their own subsidies. This is to prevent these important works from migrating. The EU Commission wants to add a corresponding exception to its strict state aid rules. This was announced by Commission Vice President Margrethe Vestager, responsible for competition, in a letter to...
The small, filigree parts can save children's lives - but they are scarce: clinics have problems ordering some specialized medical products, such as balloon catheters and stents for children. Doctors warn that there is also a shortage of other important tools, such as certain scalpels, endoscopes or heart valves. According to these critics, the main reason for this is an EU law, the new Medical Devices Regulation. On Friday, the Commission responded to months of pressure from associations and MEPs...
It goes on full of energy. Whether and how the EU should intervene in the electricity and gas markets was one of the most important points of contention in Brussels in recent weeks. Only shortly before Christmas, on December 19, was agreement reached on an EU gas price cap. Despite this breakthrough, the rules governing Europe's energy markets will remain a hotly debated topic. Important decisions are also pending in other areas of economic policy in the new year. An...
The Internet department store Amazon will change its business practices in Europe in the future and treat independent suppliers more fairly. Consumers should also benefit. This should make it easier for them to find cheap offers from small retailers. The US group has committed to these adjustments in order to end a competition procedure by the EU Commission. On Tuesday, the responsible Commission Vice President Margrethe Vestager announced in Brussels that this Changes were enoughto allay the concerns of EU...
HomeBusinessEuropean Unionenergy crisis:EU allows billions in aid for UniperDecember 20, 2022 at 9:41 p.mOpen detailed viewFoyer of the Uniper headquarters in Düsseldorf: The EU Commission has approved German billions in aid for gas importers. (Photo: Oliver Berg/dpa)However, the gas importer has to give up shares in order to do so. However, the conditions are milder than feared.By Björn Finke, BrusselslistenNoticeSplitfeedbackTo pressThe EU Commission has approved the federal government's billions in aid for the ailing gas importer Uniper. This was subject...
The Internet department store Amazon will change its business practices in Europe in the future and treat independent suppliers more fairly. Consumers should also benefit. This should make it easier for them to find cheap offers from small retailers. The US group has committed to these adjustments in order to end a competition procedure by the EU Commission. On Tuesday, the responsible Commission Vice President Margrethe Vestager announced in Brussels that this Changes were enoughto allay the concerns of EU...
The EU Commission is no longer investigating the Facebook group Meta and Google because of possible distortion of competition in online advertising. After considering all the relevant evidence, the commission came to the conclusion that its initial concerns were unfounded, the competition watchdog announced on Monday. The investigation is therefore discontinued. After the companies were formally informed of the investigation in March, those involved had the opportunity to dispel any doubts. This has obviously succeeded. Google and Meta are fundamentally...
comment by Bjorn FinkeSo now the gas price cap is really coming: from mid-February, the EU can ban gas traders and suppliers from concluding contracts above a variable upper limit of at least 178 euros per megawatt hour. The 27 energy ministers discussed the exact amount at length on Monday. However, the limit will not initially lower consumers' energy bills. After all, the gas price is currently around 110 euros on the most important European stock exchange. source site
In Berlin, the Bundestag passed the planned electricity and gas price brake on Thursday, which will relieve citizens and companies of energy costs from January. The controversial EU gas price cap, on the other hand, is not to be passed until Monday at a meeting of the 27 energy ministers. This task was given to them by their superiors, the heads of state and government, at the EU summit in Brussels on Thursday. The ministers still have to clarify the...
