![Europe in brief: Rutronik CEO condemns EU semiconductor subsidies](https://europeannewsroom.com/wp-content/uploads/2023/08/urnnewsmldpa.com20090101230811-99-807937-v2-s2048.jpeg)
Europe in brief: Rutronik CEO condemns EU semiconductor subsidies
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).