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EU team watching public-procurement foreign subsidies set to get dedicated unit
The European Commission team scrutinizing foreign subsidies in public procurement will get a dedicated unit from tomorrow, as part of a reshuffle of the Directorate... (more story)
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Dealmakers eying EU M&A get stark warning in subsidy review of UAE telecom buyout
The European M&A landscape for companies backed by foreign states looks more complicated, in light of newly published documents that show the dealmaking of UAE tele... (more story)
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ICG and Imanes file change in control of Picard for EU foreign subsidy review
Intermediate Capital Group and Imanes have sought EU foreign-subsidy clearance for a change in control over French frozen food retailer Picard. The European Commiss... (more story)
Insight View More
Czechia’s president used a trip to Brussels to air concerns to the head of the European Commission about a looming EU subsidies probe into the award of a 16 billion-euro contract to Korea Hydro & Nuclear Power... (more story)
Paris is pushing for more exemptions and co-financing for the EU-wide program that allows the unlocking of state-aid for cross-border strategic projects, according to a note seen by MLex. The country also sugg... (more story)
Abu Dhabi National Oil Company has sought EU foreign subsidy approval for its plan to take over German chemicals group Covestro, MLex has learned. The European Commission will now have 25 working days to decid... (more story)
Pressure groups will be able to request an EU review of subsidy decisions to check their compliance with environmental law, under changes adopted today. The increased rights for non-governmental groups are par... (more story)
A South Korean company is facing increased scrutiny from the European Commission over a major contract to build nuclear reactors in the Czech Republic, with fresh questions asked about the role of foreign subs... (more story)
The European Commission has asked EU member states to send details of every regulatory sandbox set up at national level. The exercise, which will close on June 30, aims to give a better overview of those schem... (more story)
Judges at the EU's top court today heard an appeal by Deutsche Lufthansa to reinstate the EU authorization for its 6 billion-euro bailout during the coronavirus pandemic. The company said a lower court ruling ... (more story)
The European Commission team scrutinizing foreign subsidies in public procurement will get a dedicated unit from tomorrow, as part of a reshuffle of the Directorate-General for single market. The new structure... (more story)
Comment View More
The European M&A landscape for companies backed by foreign states looks more complicated, in light of newly published documents that show the dealmaking of UAE telecom operator Etisalat — known as e& — will fa... (more story)
Abu Dhabi National Oil Company must feel its path to EU foreign-subsidy approval for its 14.7 billion-euro takeover of Germany's Covestro has been smoothed by the European Commission’s clearance of another lar... (more story)
Multistate, subsidy-backed projects in fields such as semiconductors, AI, advanced materials and clean tech will take center stage in the EU's push for growth and economic transition, as the European Commissio... (more story)
The EU hydrogen bank’s option to use EU-wide auctions to guide national funding has the potential to align national and EU financial firepower toward common objectives. The tool developed for hydrogen is alrea... (more story)
Any hopes in the EU nuclear-power industry that lawmakers' questioning of candidates to front the next European Commission would bring clarity over the EU approach to sector’s future were frustrated again yest... (more story)
Efforts by the Abu Dhabi National Oil Company to complete its buyout of Germany’s Covestro will undoubtedly include a close study of the remedies that Emirates Telecommunications Group recently offered to win ... (more story)
The edict is writ large for the EU’s new competition enforcer: go faster. When Teresa Ribera takes up the reins later this year, one of her main challenges will be to accelerate the machinery of enforcement, c... (more story)
Dealmakers may have been concerned that the EU’s new foreign-subsidy rulebook might leave their transactions in limbo, but today’s decision to clear a United Arab Emirates-backed deal — two and a half months b... (more story)