EU executive recommends green energy, transport, digital investment for recovery

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The European Commission recommended on Thursday that EU governments spend money from the 750 billion euro EU recovery package to boost the economy after the COVID-19 pandemic on green energy, transport and investment in digitalisation.

The recommendations come in guidelines issued to the 27-nation bloc on how to write up applications for cash from the recovery package so that the Commission, which will be in charge of reviewing them, can accept them.

The Commission said it “strongly encouraged” EU governments to include in their plans investment and reforms in seven key areas the bloc wants to focus on. The EU also executive wants to see clean technologies in public transport, charging and refuelling stations for electric or hydrogen power cars and a fast roll out of broadband services and 5G mobile networks.

 

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Agreed, the right areas for pooling EU resources.

What a joke. Green energy will help the economic recovery from an avoidable virus which is not that deadly from a booming economy that was willingly shutdown? Sounds like propaganda to me!

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