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Unleashing the EU's cross-border subsidy ‘giant’ is key to growth ambitions

By Lewis Crofts ( February 20, 2025, 16:42 GMT | Comment) -- 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 Commission looks to exploit the potential of its state-aid playbook. IPCEIs — Important Projects of Common European Interest — are set for fresh political impetus with demands to expand their scope and streamline their design and assessment. But the risks of turning on the state aid tap and possibly enabling cartels means the regulator will nevertheless tread carefully.As Europe hunts for drivers of economic growth, one is hiding in plain sight, albeit behind an ungainly moniker: Important Projects of Common European Interest, or IPCEIs....

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