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EU Ire Over Biden’s Green Subsidies Eases as Bloc Weighs Countermeasures
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BRUSSELS—Europe is dialing back its criticism of U.S. clean-energy subsidies, after months of denunciations of the measures contained in a package of climate, tax and healthcare legislation signed by President Biden last year.
European Union Executive Vice President Margrethe Vestager, one of the bloc’s leading voices on the issue, said in an interview that closer analysis of the subsidies suggests the main threats to European competitiveness will be limited to a handful of sectors.
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