Ireland leads rebellion against EU ‘industrial subsidies race’ with US

News Snapshot:

Ireland instigated a rebellion of 11 countries against what they regard as a headlong rush by larger European Union member states to start an industrial subsidies race with the United States that will devour public funds and disadvantage smaller member states. Irish diplomats co-ordinated the 11 like-minded countries to act in concert at this week’s European Council to ensure their concerns were heard, after the departure of Britain from the EU was seen to take the brake off French dirigiste industrial ambitions. The Irish Government joined Finland, Denmark, Belgium, Luxembourg, Estonia, Latvia, Lithuania, Poland, Slovenia, and Czechia to lodge joint...