Pieter Cleppe

The EU’s state aid hypocrisy

Angela Merkel (Photo: Getty)

Another crucial period has begun in the Brexit saga. Boris Johnson has ruled out extending the transition stage beyond 1 January, after which the UK will no longer automatically take over EU regulations or align with EU trade policy. So the key question surrounding Brexit will finally need to be answered: what are the conditions for the UK to retain a decent amount of market access to the EU?

The answer the EU has given is that the UK must abstain from unfairly subsidising its companies.

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