On 10 August, the European Commission pledged to financially support two energy projects under the Connecting Europe Facility (CEF), namely the building of a gas pipeline, Balticonnector, and a new electricity line in Bulgaria.
The first project, Balticonnector, aims to link up Estonia and Finland. The Commission will mobilise €187.5 million under the CEF, more than three-quarters of the necessary funding. The gas pipeline should come on stream in December 2019. It will run for 22...