EU raises another €15bn for Covid-recovery effort
The bloc’s latest two bonds were oversubscribed more than 11 times yesterday as the European Commission announced the results of a second fundraising round which already puts the EU almost halfway to the €80 billion it intends to generate through such instruments this year.
EU hydrogen strategy could drive 120 GW of renewables capacity
The European Commission has outlined a long-anticipated plan it says could unlock up to €340 billion for new solar and wind projects over the next decade. The 30-year strategy envisages up to €470 billion being spent on electrolyzer capacity.
