German-English translation for "Subventionswettlauf"

"Subventionswettlauf" English translation

Subventionswettlauf
Maskulinum | masculine m

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subsidy race
It should not be about a race for subsidies, and it should not result in market distortions.
Sie sollte keinen Subventionswettlauf darstellen und nicht zu Marktverzerrungen führen.
Source: Europarl
In terms of merchant shipping, there is still a subsidy race being held at world level.
Auf dem Weltmarkt für Handelsschiffe geht der Subventionswettlauf weiter.
Source: Europarl
Source

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