login
login

Europe Daily Bulletin No. 13386

9 April 2024
Contents Publication in full By article 14 / 25
ECONOMY - FINANCE - BUSINESS / State aid
European Commission approves €267 million Slovak investment aid for new Volvo Cars plant
Brussels, 08/04/2024 (Agence Europe)

On Monday 8 April, the European Commission announced that it had approved a €267 million Slovakian measure in favour of Volvo Cars in the form of investment aid to support the creation of a new production plant for electric passenger vehicles in Valaliky (Slovakia).

The aid will take the form of direct grants totalling around €267 million. Volvo Cars will invest €1.2 billion in the new plant.

According to the Commission, the plant is expected to have an initial production capacity...

Contents

Russian invasion of Ukraine
TRADE: final EU Council/European Parliament agreement on Ukrainian imports
SECURITY - DEFENCE
DEFENCE: operation EUNAVFOR ASPIDES has already repelled 11 Houthi attacks in less than two months
SECTORAL POLICIES
ENERGY/TRANSPORT: Ursula von der Leyen stresses urgent need to invest €100 billion a year in sustainable transport infrastructure
ENERGY: no majority expected for objection to delegated act on adding feedstock for production of biofuels and biogas
ENERGY: in 2024, risks remain regarding increase in energy prices, according to European Commission
COHESION: European cohesion policy contributes to economic “rebalancing”, says Elisa Ferreira
TRANSPORT: CO2 emissions from European ships have risen between 2021 and 2022, according to European Commission
RESEARCH: European University Association puts forward proposals for 10th European Framework Programme for Research and Innovation
SOCIAL AFFAIRS - EMPLOYMENT
SOCIAL: EU Member States to take position on a new draft ‘La Hulpe Declaration’ on 10 April
SOCIAL: sixteen European organisations call on political decision-makers to strengthen long-term care policies
ECONOMY - FINANCE - BUSINESS
COMPANIES: European preference in public procurement, Bruno Le Maire tries to convince German and Italian counterparts
ECONOMY: European Commission proposes EU macro-financial assistance for Jordan
STATE AID: European Commission approves €1.47 billion in aid for closure of livestock sites overloaded with nitrogen in ‘Natura 2000’ areas
STATE AID: European Commission approves €267 million Slovak investment aid for new Volvo Cars plant
INSTITUTIONAL
EP2024: Volt party determined to burst onto European political scene
EUROPEAN PARLIAMENT 2024: Ursula von der Leyen warns against AfD and Rassemblement National, “Putin’s friends”
BUDGET: Commission certifies that revision of MFF will not affect EU’s biodiversity spending targets
EXTERNAL ACTION
RWANDA: 30 years after Tutsi genocide, EU hails “resilience” of Rwandan people
NEWS BRIEFS
HOME AFFAIRS: MEPs’ vote on visa suspension mechanism postponed until next parliamentary term
STATE AID: European Commission approves Romanian measure of approximately €2.5 billion to support companies under temporary framework
STATE AID: European Commission gives go-ahead for €35 million Italian scheme to support businesses in telecommunications sector
TRADE: Solar Industry Regions Europe calls on EU to give more support to photovoltaic sector
ECUADOR: EU condemns violation of Mexican embassy headquarters in Quito
EDUCATION: Euro App Mobility sets out six recommendations to speed up mobility of apprentices across Europe
EUROPEAN PARLIAMENT 2024: Giorgia Meloni considers possibility of presenting candidate for European Commission presidency