Sectors affected by the ongoing recession – including cars and the chemical industry – will be offered specific treatment under a revised industrial policy to be agreed by EU ministers today (28 May).
EU ministers responsible for industry, trade and research are due to agree a new approach to industrial policy that takes greater care of key sectors such as the chemicals and automotive industries as Europe battles through its worst economic recession since the 1930s.
Germany in particular reckons that all additional environmental legislation should be put on ice until economic conditions return to normal, according to one senior diplomatic source.
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