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Commission takes measures to transition Europe to a circular economy
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Commission takes measures to transition Europe to a circular economy

The European Commission has unveiled a first set of pilot actions to accelerate Europe's transition to a circular economy, with a particular focus on the plastics sector. The Commission says that by  optimising the recycling of plastics, these measures will further unlock the potential of the Single Market and enhance the EU's economic security, strategic autonomy, competitiveness and environmental sustainability.

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Eunomia: full subsidy removal would reduce polymer production

Eunomia’s latest report demonstrates that full subsidy removal would lead to substantial reductions in polymer production, particularly in economies with high subsidy levels. Meanwhile, the impact on consumer prices would be minimal. For fast-moving consumer goods such as bottled water, the average price increase is estimated between just 0.14% and 0.90%.