Wednesday, November 09, 2022

European Union - Parliament wants to clamp down on foreign public subsidies

Government financing of enterprises has been on the rise worldwide, in particular because of China's growing role in the global economy.
Foreign subsidies can have a distortive effect on competitive markets.Parliament wants the European Commission to have the power to investigate and counteract market-distorting foreign subsidies granted to companies set to acquire EU businesses or take part in EU public procurement.
at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

EU: The Economic and Monetary Affairs Committee on June 23 adopted its position on the single currency package

The digital euro would offer citizens and businesses a private, secure and innovative way to pay, while reducing reliance on non-EU provider...