The CEO of Rutronik, a German semiconductor distributor, believes EU subsidies for the sector are missing their mark. The European Public Prosecutor is investigating possible abuses in two EU-funded railway renewal projects in Bulgaria. Spain’s First Vice-President and Acting Economy Minister Nadia Calviño is to be proposed as a candidate to chair the European Investment Bank (EIB).
Europe in brief: EUR 100 billion of investments planned in European chip industry, announces Thierry Breton
Europe aims to become self-sufficient in the area of semiconductor production and the European Commission has positive evaluations for North Macedonia. In other news: Commission President von der Leyen visits flooded areas in Slovenia, European citizens want more action against disinformation online and July 2023 has officially been the hottest month ever recorded.