Tag: Package
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EU says tech sovereignty package about “protecting citizens”
.The European Union today unveiled its plan to reduce its reliance on US and overseas tech providers to power its economy, saying its proposals wereabout “making our own choices”. Dubbed the “European Technological Sovereignty Package”, the proposals, unveiled by the European Commission, are aimed at strengthening the bloc’s capabilities in AI, semiconductors, cloud computing and read more
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Stegra bags €1.4bn rescue funding package for giant European green-steel plant
Swedish green-tech startup Stegra has secured €1.4bn in rescue funding from a consortium led by the prominent Swedish Wallenberg family, as it looks to finish construction of the world’s largest green-steel plant. The funding follows months of negotiations between Stegra and its investors and lenders asthe Swedish startup looked to raise additional funding to support read more
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UK Announces £1.5 B. Arts Funding Package to Expand Access Beyond London
London museums are being urged to extend their reach across the country, as culture secretary Lisa Nandy announced a landmark £1.5 billion funding package for the arts on Wednesday. National institutions, including the British Museum and the National Portrait Gallery, will receive £600 million, but Nandy emphasized that the investment comes with a responsibility to read more
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