• 4 months ago
EU Commission supports German state aid to support 'first of a kind' facility.
Transcript
00:00EU Commission President Ursula von der Leyen, German Chancellor Olaf Scholz,
00:04Saxony Minister-President Michael Kretschmer and TSMC CEO Cece Way visited the upcoming
00:11semiconductor chip factory in Dresden on Tuesday. The chip factory is due to open in 2027. Von der
00:18Leyen, Scholz and Kretschmer celebrated the opportunities for the region and said that
00:22thousands of new jobs would be created. The next European Commission must be
00:29and will be an investment. Second, in the first 100 days of the new mandate,
00:38I will propose a new clean industrial deal. One of its central goals will be to ensure access
00:48to cheap, clean energy, wonderful to hear that you're completely renewable and raw materials.
00:54It is a question of the future.
01:14However, the eastern states of Saxony, along with Thuringia and Brandenburg,
01:18will head to the polls in September. Experts predict a swing to the right or the left in
01:22these regions. Both the far-right Alternative for Germany and far-left
01:26Sarah Wagenknecht Alliance parties demand tighter immigration controls.
01:31Von der Leyen and Chancellor Scholz welcomed the building of the new semiconductor chip factory
01:37here in Dresden. However, it was only Saxony Minister-President Kretschmer who specifically
01:42said that immigration would be welcome here in the region. Liv Stroud in Dresden for Euronews.

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