The future European Commissioner for Employment, Nicolas Schmit, described the European Green Deal as a "major project for economic and social transformation", stressing its fundamentally political and profoundly economic nature, on Wednesday 16 October, at a conference on the financing of the Green Deal organised on the initiative of Pierre Larrouturou (S&D, France) and a dozen other S&D MEPs from nine different countries.
"The economic system as it works today, as it is based on the short...