All articles tagged with #eu subsidies
ArcelorMittal has abandoned plans to convert German steel plants to green hydrogen use due to high energy costs and uncertainty, and may also close its biofuels plant in Belgium because of restrictive EU regulations, highlighting challenges in Europe's decarbonisation efforts and industrial competitiveness.
French Prime Minister Gabriel Attal has offered key concessions to protesting farmers, including an end to rising fuel costs and simplification of regulations, in an effort to negotiate an end to growing demonstrations that have seen major roads into and out of Paris blocked. However, some farmers' unions have expressed dissatisfaction with the concessions, stating that they are insufficient. The protests, which have been ongoing for a week, are the first major test for Mr. Attal, who has only been in power since the start of the month.