The Executive Vice-President of the European Commission, Margrethe Vestager, proposed on Friday 13 January the establishment of a Temporary Crisis and Transition Framework for State aid, in particular to counter the effects of the US Inflation Reduction Act (IRA).
The Executive Vice-President responsible for Competition Policy makes suggestions in a letter to EU Economy and Finance Ministers (see EUROPE B13099A10), who will discuss the IRA among other things on Tuesday 17 January (see...