Brussels approves billions in aid for Germany's industry

NAMPA / DPA
2026-04-16
Brussels (dpa) - The European Commission on Thursday approved plans by the German government to support energy-intense industries with ?3.8 billion ($4.5 billion) in the coming years. The funding is meant to temporarily relieve companies from high electricity prices in a bid to avoid moving activities outside the European Union where energy prices are often lower and environmental standards less strict, the commission said on Thursday. The aid sc......
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