Concerns that Germany may have an unfair competitive advantage because of billions of euros pumped into its virus-hit companies are not backed by data which show other EU states doing as much if not more for their businesses, Europe's antitrust chief said.
Twelve EU countries will jointly invest almost three billion euros into innovation in battery cell technology for electric vehicles and energy storage, cementing the EU as a “global hotspot” for battery innovation, the European Commission announced on Tuesday (26 January).
European Union governments may be allowed to grant more state aid to projects that help the bloc achieve its climate goals, Europe’s antitrust chief Margrethe Vestager said on Tuesday (22 September), calling such an incentive a “green bonus”.
Excessive use of state aid to bail out struggling farmers during the COVID-19 crisis could be a cause for concern for the single market and fair competition in the member states, according to the European Commissioner for agriculture, Janusz Wojciechowski.
Germany’s decision to take full advantage of the EU's relaxed state aid rules could be "a locomotive" for Europe but a strong recovery fund is needed to avoid distortions in the internal market, EU competition chief Margrethe Vestager told MEPs on Monday (4 May).
Germany accounts for more than half of the emergency coronavirus state aid approved by the EU executive, prompting concerns that countries with the deepest pockets might be getting an unfair advantage in the bloc's single market.
EU leaders on Thursday (23 April) tasked the European Commission with drafting a trillion-euro “recovery fund” linked to the EU budget but didn’t specify how it will support the green transition they claim to be committed to.
The European Commission said on Friday (13 March) that the coronavirus COVID-19 will “very likely” push the European economy into recession this year, and warned that the rebound next year will depend on a bold response from member states.
The European Commission launched on Wednesday (6 February) a consultation with member states, the European Parliament and other stakeholders to review the EU's fiscal rules, the Stability and Growth Pact.
The European Commission is considering reviewing its state aid rules to support cutting-edge projects financed by several member states, as requested by national capitals in order to strengthen Europe’s industrial might.
In an unexpected move, Commission President-elect Ursula von der Leyen has decided to move state aid competences in farming and fisheries from two directorates-general, Agriculture and Maritime affairs and fisheries, to DG Competition.
The UK has repeated its demands for a post-Brexit agreement on financial services to go way beyond the EU’s current standard with third countries in a new government paper, warning that a ‘hard Brexit’ will damage the EU. The paper...
A European Commission decision on Wednesday (7 February) to approve state aid for emergency power plants – often gas or coal-fired – has been accused of complicating ongoing negotiations in the European Parliament.
The European Commission released yesterday (19 December) its full decision on Apple's tax arrangements in Ireland. The document reveals the details of the tech giant's tax scheme for the first time in Europe.
EXCLUSIVE / A draft compromise struck between the European Commission and the German government over future support for renewable energies in Europe has come under attack by legal experts in the Commission’s own competition directorate, EURACTIV.com has learned.
The president of Portugal's central bank wants to mimic what has been done in Italy and has asked for exemption from EU state aid rules so that a mechanism for purchasing non-performing loans can be set up. EURACTIV’s new partner Milano Finanza reports.