EC plans to regulate access of foreign investors to the EU market; steel sources concerned

The European Commission (EC) has outlined plans to regulate access of foreign investors in the single market of the European Union, the commission said on its website on June 17.

The EC has published a White Paper addressing the distortive effects caused by foreign subsidies in the EU market.
“Europe’s economy is open and closely interlinked to the rest of the world. If this is to remain a strength, we must stay vigilant. That is why we need the right tools to ensure that foreign subsidies do not distort our market, just as we do with national subsidies,” executive vice president Margrethe Vestager, who is in charge of competition policy and responsible for the cluster Europe Fit for the Digital Age, said in a statement.

“Today’s White Paper...

Published

Julia Bolotova

June 17, 2020

19:48 GMT