The environment committee in the European Parliament voted on Monday (12 October) to exclude fossil fuels from support under the EU’s €750 billion recovery fund intended to boost the bloc's economy in the wake of the coronavirus crisis.
The approval process for the EU’s €750 billion recovery funds may take longer than foreseen, and it would be optimistic to expect the first disbursements by mid-2021, an EU official said on Thursday (17 September).
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