Europe "protects itself" against foreign investment

The European Commission adopted a text proposing an "international clause"


Last week, the European Commission (EC) approved its third package of measures to liberalize energy markets, which include its controversial proposal to break up large groups and several safeguards against investment from outside the Union.
The European Commission adopted a text proposing an "international clause" that would only allow foreign energy companies to take control of energy transport networks in the European Union (EU) through bilateral agreements between governments.
The measures also aim to force giants like Germany's E.ON and France's EDF to separate their power generation and distribution businesses. Brussels' objective is for foreign companies to respect this separation as well.

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