• 11/25/2024

Thyssenkrupp to win EU nod for $2.3 bln German steel subsidies

Reuters

Reuters exclusively reported that the European Commission would approve 2 billion euros in state aid for Thyssenkrupp’s plan to build a green steel plant at its headquarters in Duesseldorf. Sources told Reuters two days in advance that a decision in favor of the grant could come as soon as July 20, the day the Commission happened to unveil its decision. 

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https://www.reutersagency.com/en/reutersbest/article/thyssenkrupp-to-win-eu-nod-for-2-3-bln-german-steel-subsidies/