US president Joe Biden's $369bn [€341bn] green subsidy package dominated the European political agenda this week as Sweden took over the EU's six-month rotating presidency.
As one of the bloc's most ardent free-market guardians, the Scandinavian country was scrambling to defuse ever more explosive calls for equally big EU state subsidies to match the US offer under the Washington's Inflation Reduction Act (IRA).
Speaking a...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login