Big European countries likely to gain the most from EU chip push

FILE PHOTO: ASML Holding logo is seen at company's headquarters in Eindhoven, Netherlands, Januari 23, 2019. REUTERS/Eva Plevier

STOCKHOLM/BRUSSELS (Reuters) - The European Commission's plan to make the continent more lucrative for investing in semiconductor factories will likely skew the benefits towards larger countries such as Germany, France and Italy, analysts say.

With billions of euros of public and private investment, along with covering up to 100% of the proven funding gap with public resources, a subsidy race could tilt the balance toward countries with larger resources.