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The anger of European countries from Germany’s economic policies

In a letter, more than 10 European countries considered the huge subsidies provided by the German Ministry of Economy to their industrial sector with the approval of the European Union as unfair and demanded the European Union's stance on this issue.
– International News – Tasnim news agency, the German Focus magazine wrote in an article: German Federal Minister of Economy Robert Haubeck wants to help German industry with billions of subsidies he does. This issue has angered the European countries, especially in Germany’s neighborhood, and they consider this aid unfair and have taken the complaint to the European Union.

Germany is the runner-up in receiving European subsidies. Robert Haubeck, the German Federal Minister of Economy last year approved subsidies amounting to 4.16 billion euros to the European Union Commission. This news was reported by “Volt am Sonntag” citing reliable documents. In this regard, only France allowed its industry to spend more, 4.42 billion euros.

This means that these two neighboring countries together spend almost half of all subsidies in Europe. And Germany has already sent billions of additional dollars to the EU Commission for approval this year. In response to these conditions, eleven European countries, led by Sweden, have complained in an open letter about the policy and direction of such aid from the European Union. Aid to some companies has been considered taboo in the European Union for years. became. The smaller countries of the European Union are especially afraid of the strength of their position due to this unfair approach of the European Union. “Goetz Reichert” from the European Policy Center told the newspaper De Welt about this: “The smaller countries of the European Union They have a problem. In the long run, subsidies are not the answer. Neither Germany nor France have enough resources to deal with the economic power of America and China. They can score points with better location conditions, for example by reducing bureaucracy. Reichert emphasizes: “We have to protect our internal market. However, according to him, the European Union bows down to international competition and gradually reduces its subsidy rules. Reichert said: “At the moment, it even allows ‘adaptation’, that is, bidding for companies.

At a meeting of EU member states, which was actually supposed to be about the supply chain law against forced labor, Swedish Trade Minister Johan Forsel spoke about these government grants. Along with ten other representatives, he criticized the ever-increasing reduction of restrictions and called for the re-intensification of these rules. did In the letter, they predict that the union will be divided and innovation and productivity will be stifled. The signatories of the letter criticized that companies should win based on the quality of their products, not thanks to government subsidies.

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© Webangah News Hub has translated this news from the source of Tasnim News Agency
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