It receives requests for more than €6bn but only has a fraction of that sum to dish out

It receives requests for more than €6bn but only has a fraction of that sum to dish out
Some 100 new projects due to be introduced, with most based in so-called tier 2 markets
Prime minister Pedro Sanchez said the country needs to revamp its economy
Production will come online in 2027
As EU unveils ‘game changer’ European Chips Act
‘It became clear from our dialogue with federal regulators that the project could not move ahead’
‘Game changer’ fund will mean start-ups looking to scale won’t need to turn to non-EU investors
But investors are backing ‘cockroaches’ and not unicorns
Past decade has seen a considerable shift the in emerging market story
But some question whether price tag is too steep
Part of the Bonhill Group.