EU could announce package to support auto industry on December 16, industry source says

icarussmith20
1 day ago
1 min read

Brussels is so far planning to announce the package on December 10, but EU transport commissioner Apostolos Tzitzikostas said earlier this week that the package could be delayed until January.

The source said that December 16 was a target but could still change.

A spokesperson for the European Commission declined to comment on the new date, which was first reported by Germany's Tagesspiegel Background.

This Article was published by Reuters

Comments

Labour Unrest Threatens European Travel as Strike Actions Proliferate

European travellers face mounting disruption as coordinated strikes across Italy, Portugal and Spain threaten to paralyse transport networks during the peak December holiday period, compounding an already challenging year for the continent's aviation sector. Portugal braces for its first general strike since 2013 on Wednesday, with approximately half the workforce expected to participate in protests against proposed labour law reforms. National carrier TAP has begun cancellin

6 hours ago2 min read

European Shipping Braces for Compliance Costs as FuelEU Maritime Takes Effect

European vessel operators are navigating a costly new regulatory landscape as the FuelEU Maritime regulation enters full force, compounding pressures from persistent Red Sea disruptions and tight capacity across global routes. The regulation, part of the EU's Fit for 55 package, mandates a 2 per cent reduction in greenhouse gas intensity for ships calling at European ports, rising to 80 per cent by 2050. Industry executives expect emission surcharges in 2025 to nearly double

6 hours ago2 min read