EU’s Dombrovskis: Working on new temporary state aid framework to counter high energy bills

Dhwani Mehta FXStreet

The European Union (EU) Trade Commissioner Valdis Dombrovskis said on Tuesday, “the commission is currently working on a new temporary state aid framework, which will allow EU countries to support companies suffocating under high energy bills.”

Further comments

“Decoupling from China is not an option for our companies.”

“We have deep concerns, particularly concerning the UIS inflation reduction act.”

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Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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