Madame Europa wants to know again

However, there are still a number of open questions regarding ecological transformation. Although there is a larger financial volume overall in the Green Deal programs than in the USA’s Inflation Reduction Act, the impact is very different. While German and European companies are happy to take advantage of the tax relief offered by US President Joe Biden when settling in the USA, the EU is lagging behind. The reason for this is the high level of bureaucracy, the complicated, different tax rules and the internal competition for settlement within the EU member states. There is still a lot to do here for the next commission. Political targets are one thing, but the question of how they can be achieved should not be prescribed but, as in the USA, left to business.