Share :

Download PDF :

Politico (8 February 2023)

BY SUZANNE LYNCH, BARBARA MOENS AND SAMUEL STOLTON

It will likely be 25 versus 2 when EU leaders meet in Brussels for a summit on Thursday.

France and Germany are largely on the same page when it comes to how to respond to America’s massive green subsidy plan, the Inflation Reduction Act, which will be discussed in-depth for the first time by the bloc's leaders. 

Both French President Emmanuel Macron and German Chancellor Olaf Scholz support the EU’s green subsidies plan, with its proposed relaxation of state aid rules to shore up Europe’s industrial base and fight back against the Americans. But their reasons for doing so have infuriated the 25 other EU countries who suspect the bloc’s two industrial powerhouses of seeking to prop up their own industries at the expense of less-well-off countries in the single market. 

Click for more