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European Commission has approved more than €733bn in business subsidies since March last year
Chief executive Thomas Caulfield warns that funds from Berlin will distort competition
Sweden backs continued state aid for fossil fuels as part of planned reform of bloc’s electricity market
Also in this newsletter: why Ukraine is still waiting for F-16 fighter jets
Government support for ‘flagship project’ unlocks big investment by Swedish start-up
Court judgment is major setback for regulators in Brussels
VW’s choice of battery factory in North America highlights risks of losing talent and technology across Atlantic
Brussels will allow members to ‘match’ multi-billion dollar incentives to move across Atlantic
EU plans to relax curbs on tax credits in response to ‘toxic’ US subsidies
Covid recovery funds could also be redirected under proposed loosening of state-aid rules, according to draft plan
Also in today’s newsletter: Paschal Donohoe has become the wrong kind of poster boy
France calls for ‘Made in Europe’ strategy in response to America’s Inflation Reduction Act
Stricken gas importer will have to sell off its most modern power plant
Capitals want to avoid triggering a subsidy race within the bloc
European Commission president Ursula von der Leyen plans to ease regulations in response to US green stimulus measures
British Gas owner says contentious deal may lead to test of Northern Ireland protocol
Competition commissioner Margrethe Vestager to continue campaign against governments offering what she sees as unfair subsidies
Opec makes no production changes yesterday, cartel awaits Russia oil price cap to take effect
Commission chief unveils easing of state aid rules to compete with Biden’s climate package
Competition commissioner Margrethe Vestager says plan for rapid action is a ‘no-brainer’
Approval comes under state aid rules as EU seeks to diversify its energy supplies
Head of Franco-Dutch group plans to repay state aid and raise €4bn in fresh capital
Delays to factory near Berlin meant carmaker was unable to meet European state aid conditions
EU competition chief Margrethe Vestager says bloc seeking to extend deadline ‘one last time’
Italian national carrier set to be replaced within weeks by new standalone airline
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