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EU will allow members to match US green energy subsidies

The US Inflation Reduction Act, a $369 billion programme of green subsidies, has led the European Commission to loosen rules to prevent an exodus of businesses.

The European Commission has replied to the US Inflation Reduction Act, a $369 billion programme of green subsidies, by loosening rules and allowing member states to offer companies as much government funding as they would get if they relocated to the US. We find out if this will help prevent an exodus of businesses working on green projects.
And as the Georgian government takes a step back in its plans to push ahead a controversial legislation on foreign agents, we explore how the economy is doing.

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28 minutes

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