The European Commission has approved, under EU State aid rules, a €103 million Czech scheme to support the production of heat from biomass in existing district heating installations.
This Directorate General is responsible for managing the budget of the European Union, and therefore proposes and implements the financial framework, as well as collects the resources that EU countries have agreed to contribute.
Europe’s biodiversity is in serious decline. More than 80% of its protected habitats under the Habitats Directive are in poor condition. In most European countries, the cost of protecting nature mainly falls to public authorities — but other sources of finance could be used, according to discussions at the networking meeting on LIFE and Innovative Funding for Nature earlier in February.
The EU Commission has concluded that Romanian public support of €6.6 million to Târgu Mureş Airport, to finance operating costs in the period 2007-2009 and 2011-2019 and to finance the purchase of ground handling infrastructure in 2011, is compatible with EU State aid rules.
The scheme is aimed at supporting large Danish fish-processing companies in reducing CO2 emissions stemming from their energy consumption, by investing in projects such as converting from fossil fuels to electricity, renewable district heating, or biomass.
The European Investment Bank (EIB) is providing a €240 million loan to Slovakia for co-funding of EU-supported green and digital projects across the country. The credit is the first part of an €800 million EIB loan approved to Slovakia for national contributions mandatory for European Union-supported project which bring billions of euros to member states annually.
According to Duff’s EPC comment, membership negotiations will center on Ukraine’s commitment to EU values, including democracy, rule of law, and minority rights. The EU Council will set benchmarks to assess progress, enabling Ukraine’s gradual integration into the internal market, sectoral policies, and EU spending programmes.
Following an in-depth investigation, the European Commission has approved, under EU State aid rules, a revised Belgian support measure for the lifetime extension of two nuclear reactors, Doel 4 and Tihange 3.
The European Commission has published a State aid brief on the use of the Temporary Crisis and Transition Framework (‘TCTF’). The Commission adopted the TCTF on 9 March 2023 to foster support measures in sectors which are key for the transition to a net-zero economy.
“Europe and its regions stand at a pivotal crossroads. We face numerous challenges: growing global competition, the rapid evolution of artificial intelligence, energy crises, and the pressing need to transition to sustainable energy sources. We must also prioritize the circular economy and adopt more responsible and innovative industrial models” – EU Commission Executive Vice-President Raffaele Fitto.
EU Member States gave a positive opinion to the EU Commission proposal to mobilise €98,6 million from the agricultural reserve to directly support farmers in Spain, Croatia, Cyprus, Latvia and Hungary who have been impacted by exceptional adverse climatic events and natural disasters since spring 2024.
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