France budgets 500 mn euros annually for green industry tax credit

The tax credit makes France the first EU country to take advantage of a loosening of European state aid rules in recent months in response to new tax subsidies in the United States made available by the Biden administration's USD 430 billion Inflation Reduction Act (IRA).

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.