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EU - Latest news GMK Center

Photo – EUROFER and ACEA demand a realistic path to EU industrial sustainability
EUROFER and ACEA demand a realistic path to EU industrial sustainability

Associations ask EU leaders to ensure conditions for preserving investments and jobs

Photo – How to reform the carbon tax
How to reform the carbon tax

Ukraine should use the best European experience when implementing a system of emissions trading instead of a carbon tax

Photo – Italy increased steel production by 2.3 times m/m in September
Italy increased steel production by 2.3 times m/m in September

In January-September, the indicator grew by 3.2% y/y

Photo – Construction in the EU decreased by 0.9% m/m in August
Construction in the EU decreased by 0.9% m/m in August

The largest drops were recorded in Romania, Hungary and Poland

Photo – Ukraine will collect 88 years’ worth of carbon tax for decarbonization
Ukraine will collect 88 years’ worth of carbon tax for decarbonization

At the same time, the carbon burden on the economy will be higher than in the fourth phase of the EU ETS

Photo – Thyssenkrupp Electrical Steel suspends operations at its Gelsenkirchen plant
Thyssenkrupp Electrical Steel suspends operations at its Gelsenkirchen plant

Production will be halted for a week, about 1200 jobs are at risk

Photo – Cognor starts rolled steel production at new site in Siemianowice Śląskie
Cognor starts rolled steel production at new site in Siemianowice Śląskie

The project was launched in 2018 and investments amount to PLN 830 million

Photo – EU Council approves tax breaks to promote clean industry agreement
EU Council approves tax breaks to promote clean industry agreement

The Institute, among other things, calls for ensuring the simplicity of such benefits

Photo – ArcelorMittal Fos-sur-Mer shutdown after fire may be delayed for a month
ArcelorMittal Fos-sur-Mer shutdown after fire may be delayed for a month

None of the blast furnaces at the site are currently in operation

Photo – EU to offer development funding to CBAM-affected countries
EU to offer development funding to CBAM-affected countries

The bloc intends to support adaptation needs through the Global Europe instrument

Photo – Egypt and EU discuss CBAM’s impact on exports and green transformation
Egypt and EU discuss CBAM’s impact on exports and green transformation

Cairo is working on programs to reduce emissions and attract green investments

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