Free Trial

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI BRIEF: Joint European Funds Best Response To IRA-Gentiloni

(MNI) ROME

The release of additional European Union funds to fund industry would be a proper response to the green subsidies of the U.S. Inflation Reduction Act, and better than separate responses by individual nation states, Europe’s Economy Commissioner Paolo Gentiloni told an event in Milan on Monday.

Purely national initiatives would endanger the common market and European economic unity, he said.

Keep reading...Show less
97 words

To read the full story

Why Subscribe to

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.

The release of additional European Union funds to fund industry would be a proper response to the green subsidies of the U.S. Inflation Reduction Act, and better than separate responses by individual nation states, Europe’s Economy Commissioner Paolo Gentiloni told an event in Milan on Monday.

Purely national initiatives would endanger the common market and European economic unity, he said.

Keep reading...Show less