3 ms·
Don't know for others, but Solvay S.A seems to be getting a fair share of the funds while being mostly a financial institution. It's been a few dozen years sinc
by sam_lowry_ 7y ago
Don't know for others, but Solvay S.A seems to be getting a fair share of the funds while being mostly a financial institution. It's been a few dozen years since they operated actual production plants.
- londons_explore 7y agoState aid is notoriously hard to distribute in an 'efficient' manner (ie. eventually providing a positive economic return on investment to the state). The EU is IMO even worse than your average state at it. They throw a lot of money away.
- tonyedgecombe 7y agoThe EU isn't funding it, the seven states involved are. The EU has quite strict rules around state aid to stop a race to the bottom amongst individual states. This ruling is making an exception to that.