EU must ‘take action’ against US – von der Leyen ...News

Russia Today - News
EU must ‘take action’ against US – von der Leyen
Joe Biden’s investment plan could threaten the bloc’s industry, the European Commission chief has said European Commission President Ursula von der Leyen warned on Sunday that to be able to compete with the US’ government-subsidized green industry, the EU must “take action” and step up state aid to its own companies. Signed into law by President Joe Biden in August, the Inflation Reduction Act (IRA) is – despite its name – a $738 billion spending package that allocates $391 billion toward green energy and climate-friendly industry projects, including $270 billion in tax incentives. Initially lauded by liberals on

Hence then, the article about eu must take action against us von der leyen was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( EU must ‘take action’ against US – von der Leyen )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News