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EU Leaders Push Tax Credits to Balance Inflation Reduction Act

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EU Leaders Push Tax Credits to Balance Inflation Reduction Act

  • By Elodie Lamer

EU leaders have agreed to a narrow easing of state aid rules and the promise of more flexible use of existing funding to counteract the U.S. Inflation Reduction Act (IRA), while Italy has requested a review of the economic governance framework and a European sovereignty fund to support investment in strategic sectors.

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