Finance Minister says if Ireland is to support a ‘significant new response’ from the EU to US Inflation Reduction Act it is ‘essential’ that smaller countries are protected
Europe’s response to the US Inflation Reduction Act should not disadvantage smaller EU member states, Michael McGrath, Ireland’s Minister for Finance, has warned.
McGrath said on Thursday that US and European firms appear to be making investments of “significant scale” in response to the range of subsidies being offered by the Biden administration to help facilitate a green transition.
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