Macron urges EU to act more quickly to counter US green subsidies

AFP , Thursday 15 Dec 2022

French President Emmanuel Macron said Thursday that the European Union would have to move more quickly to head off the threat to its industry from planned US subsidies.

Macron - EU council summit
France s President Emmanuel Macron answers journalists questions as he arrives to take part in a European Council Summit in Brussels, on December 15, 2022. AFP

 

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Arriving at the EU summit in Brussels, Macron said the leaders would discuss their response to US President Joe Biden's Inflation Reduction Act.

"To maintain fair competition," Macron said, Europe must simplify its own subsidy rules faster "to respond, to be the equivalent of what the Americans have done."

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