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Clean Industrial Deal means subsidy boost for EU industry, stiffer risks for foreign aid

By Lewis Crofts ( February 26, 2025, 14:04 GMT | Insight) -- Government support to EU companies for green technologies will have an easier ride under a new plan today aimed at boosting domestic industries. EU commissioner Teresa Ribera signaled that markets were changing and “so must we,” facilitating access to finance, while her colleague Stéphane Séjourné signaled increased scrutiny of foreign aid distorting European markets.Government support to EU companies will face a smoother and faster path through regulators, in a move designed to boost investments in companies making and using clean technologies to decarbonize....

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