European Commission approves two aid packages to propel green transition

BRUSSELS, Jan. 8 (Xinhua) -- The European Commission announced on Monday its approval of state aid schemes from France and Germany, as part of the bloc's efforts to advance the transition towards a net-zero economy.

The French state aid investment, totaling 2.9 billion euros (about 3.18 billion U.S. dollars), is geared towards leveraging tax credits to support companies planning investment in the production of s