euinside

Cause and Effect in European Politics and Law

The EU to support automotive industry will be decided by EU ministers today

Adelina Marini, 28 May 2009

A common approach to competitive and sustainable industrial policy of the EU will be looked for at today's Competitive council in which EU ministers of economy participate. It is expected conclusions to be agreed in this regard. Among the conclusions will be sustaining a strong industrial base in Europe. The need of state aid will be underlined as in the same time protectionist measures are avoided. Decisions for investments in research and development, innovation, improvement in energy efficiency and delivery of raw material will also be taken as well as speeding of the transition to law-carbon economy.

For the first time to the measures for all industrial sectors, it is expected in the conclusions special attention to be drawn to the chemical industry, electric and electronic as well as automotive because they are worse hit by the economic downturn.

More articles from euinside
Commission President Ursula von der Leyen | © European Union 2019 - Source: EPCommission President Ursula von der Leyen | © European Union 2019 - Source: EP
The End of the CVM: The Rule Of Law Mechanism Nobody Wants but Which the CJEU Made a Powerful Tool of
Angela Merkel | © European Union 2019Angela Merkel | © European Union 2019
Negotiations on the EU Top Jobs Marked the End of an Era*
Angela Merkel, Emmanuel Macron | © Council of the EUAngela Merkel, Emmanuel Macron | © Council of the EU
From Deauville to Meseberg or How Euro Area Reform Is Evolving*