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Europe Daily Bulletin No. 12365

8 November 2019
ECONOMY - FINANCE - BUSINESS / Eib
New showdown in EU Council on phasing out of financing of fossil fuels
Brussels, 07/11/2019 (Agence Europe)

The adoption of conclusions on climate finance, scheduled for Friday 8 November, unanimously supported by the Ecofin Council, was still hampered on Thursday 7 November by the language to be adopted on phasing out EIB loans for fossil fuel projects.

Faced with Hungary's blockage, in particular, the issue, which could not be resolved at the level of the Member States' ambassadors to the European Union (Coreper) after two discussion sessions, including one on Wednesday 6 November, should be...

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BEACONS
ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
COURT OF JUSTICE OF THE EU
SECTORAL POLICIES
EXTERNAL ACTION
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NEWS BRIEFS