Friday, 27 January 2023 15:01

Seven EU countries oppose new EU funding as response to US subsidy plan

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The European Commission's plan to create a new EU fund for green industry is facing growing opposition. Seven EU countries publicly rejected the idea in a letter to the EU executive. The letter was signed by the Czech Republic, Denmark, Finland, Austria, Ireland, Estonia and Slovakia. Germany, the Netherlands and Belgium also oppose any new joint EU borrowing.

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