| News from the corridors of the European Union’s Brussels HQ often seems remote from Australian investors’ hip pockets. But there are times whento our part of the pond – and almost never more so, potentially, than last Friday.Green Industrial Plan
These fears are probably a bit overblown, but the response has been significant. Germany and France have jawboned a sceptical posse of smaller EU states into agreeing to relax the bloc’s tight strictures on government subsidies to industry. “We’re not looking for money from the Czech government. The best thing the Czech government could do for us is to help us move the project forward quicker,” Coughlan says.
Normally Perth-based, Coughlan has been in Europe the past few weeks. His trip has convinced him that the whole supply chain now needs to join up and try to inject a bit more oomph into solving this problem. The worry seems to be that any presumptuousness about the outcome of public planning processes could be counter-productive.