EU to present green industry plans to remain competitive
The European Commission will present plans on Wednesday in an effort to ensure Europe can compete with the United States as a manufacturing hub for electric vehicles and other green products.
Commission President Ursula von der Leyen is expected to make several announcements including a loosening of EU state aid rules, a repurposing of existing EU funds, faster approval of green projects and drives to boost skills and to seal trade agreements to secure supplies of critical raw materials.
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