MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI China Daily Summary: Friday, July 26

MNI BRIEF: Foreign Firms Content In China

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUL INDEX 66.4

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

EZ/UK T-Bill Calendar: 9/12/28/50-Week BTF Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Commission Unveils Temporary Crisis & Transition State Aid Framework

EU

The European Commission has approved the unveiling of the Temporary Crisis and Transition state aid framework, an update to the Temporary Crisis Framework announced in 2022 in the wake of the Russian invasion of Ukraine. The new framework allows member states to provide state aid to firms and industries engaged in green transition through promoting renewable energy and energy storage or decarbonising industrial processes. Full statement here:https://ec.europa.eu/commission/presscorner/detail...

  • Commission: "[The framework] Introduces new measures, applicable until 31 December 2025, to further accelerate investments in key sectors for the transition towards a net-zero economy, [...] as well as for production of key components and for production and recycling of related critical raw materials."
  • The Commission continues to come under significant pressure from some member states regarding the EU's options in responding to the US Inflation Reduction Act's significant subsidy provision to the US green tech sector. The framework expansion announced today seeks to align with the Green Deal Industrial Plan, indented to counter the IRA.
Homepagemarkets-real-timePolitical Market NewsPolitical RiskCommoditiesPolitical Risk BulletEnergy BulletsCEEMEABulletMarketsFixed Income BulletsForeign Exchange Bullets
Homepagemarkets-real-timePolitical Market NewsPolitical RiskCommoditiesPolitical Risk BulletEnergy BulletsCEEMEABulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.