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PRESS STATEMENT IG Metall Welcomes EU Subsidy Plan

Wolfgang Lemb, Executive Board Member of IG Metall, on the EU subsidy plan

IG Metall, Mainforum, Gebäude, Fahnen

1 February 2023 1 February 2023


IG Metall welcomes the EU subsidy plan as a European response to the “Inflation Reduction Act (IRA)”

Wolfgang Lemb, Executive Board Member of IG Metall: “In our view, in addition to the subsidies, it is important that the EU Commission plans to amend state aid rules, accelerate and simplify approval procedures, and enable tax incentives in strategic sectors. This could provide a boost to investment in Europe.” At the national level, IG Metall will engage constructively in the process—which began last week—to develop a new industrial strategy and will, in particular, push for a faster energy and mobility transition. 

 

Further information and press photos of Wolfgang Lemb

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