4 ms·

I think an issue is tax breaks. In many European countries (AFAIK) it would be against the law to offer a company a tax break if they would choose to establish

I think an issue is tax breaks. In many European countries (AFAIK) it would be against the law to offer a company a tax break if they would choose to establish operations there. > The total investment in the project is estimated at 800 billion yen ($7 billion), with the Japanese government expected to provide up to half the amount. That definately wouldn't fly in many EU countries.

thow-58d4e8b 5y ago
State aid in EU is limited to 15% of the total value of the investment, but sometimes it is circumvented by offloading certain parts of the investment onto public budgets (e.g. infrastructure, or training programs)