Negotiators from the European Parliament and the Council of the EU have reached an agreement on the Chips Act after their fourth negotiation meeting (‘trilogue’). They agreed to maintain the €3.3 billion budget to fund the ‘Chips for Europe’ initiative.
During the third trilogue, the co-legislators had already agreed on this ambition (see EUROPE B13153A2), but had not found a solution to find the missing budget to reach the €3.3 billion goal. “After a long discussion this...