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☆ Analysis: A year on, Europe less fearful of U.S. green subsidies push
  + stars: | 2023-08-17 | by ( Jan Strupczewski | Thomson Reuters | Jan Is The Acting Bureau Chief In Brussels. He Has Been Covering European Union Policy | ) www.reuters.com   time to read: +6 min
Solar panels are seen atop a hops plantation in the Bavarian Holledau region in Au, Germany, June 19, 2023. And already, those subsidies are flowing: German conglomerate Thyssenkrupp (TKAG.DE) will invest around 3 billion euros ($3.27 billion) in a proposed green steel plant in Duisburg, Germany, including over 2 billion euros in state subsidies given EU approval in late July. But it noted the U.S. model also had uncertainty built in because a change of administration could end IRA subsidies. The complexity of EU financing through the recovery fund means it is available only to bigger companies, leaving smaller firms struggling to benefit. ($1 = 0.9184 euros)Reporting by Jan Strupczewski; editing by Mark John and Susan FentonOur Standards: The Thomson Reuters Trust Principles.
Persons: Louisa, Joe Biden's, Biden, Niclas Poitiers, Jan Strupczewski, Mark John, Susan Fenton Organizations: REUTERS, United States, Union, Biden, EU, Zero Industry, European Commission, Sovereignty Fund, Ukraine, Russian, EV, Zero, Thomson Locations: Bavarian, Au, Germany, EU, BRUSSELS, United, Europe, Ukraine, Brussels, United States, Duisburg, U.S, France, China
☆ France’s Macron starts tough talks with China’s Xi Jinping on state visit
  + stars: | 2023-04-06 | by ( Silvia Amaro | ) www.cnbc.com   time to read: +2 min
Two of Europe's heaviest weights in politics are holding talks with China's President Xi Jinping at a time when the EU-Sino relationship is at a serious crossroads. With President Xi Jinping, we will also talk about our businesses, the climate and biodiversity, and food security," French President Emmanuel Macron said on Twitter, moments before meeting the Chinese leader. This is particularly relevant when EU economic growth is vulnerable to the ongoing war in Ukraine. Spain's Prime Minister Pedro Sanchez met China's President Xi Jinping last week. Europe's top foreign affairs diplomat, Josep Borrell, is also heading to China next week.
☆ Europe has converged to the position of the U.S. on China, analyst says
  + stars: | 2023-04-03 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEurope has converged to the position of the U.S. on China, analyst saysNiclas Poitiers, research fellow at Bruegel, said the EU has moved a lot closer to the United States in how it works with China.
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