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Subsidy races 'unfair, costly and risky' to EU market, Vestager says

By Lewis Crofts ( January 31, 2023, 20:18 GMT | Insight) -- Attempts to battle foreign subsidies with state support at home are misguided and "risky for the integrity" of the EU's single market, Margrethe Vestager said. The EU competition commissioner tomorrow will unveil adapted subsidy rules aimed at easing the transition to a green-tech economy, but she warned that the changes should be "quick, targeted and temporary."Attempts to battle foreign subsidies with state support at home are misguided and "risky for the integrity" of the EU's single market, Margrethe Vestager said....

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