In order to benefit from aid under the new Solvency Support Instrument, companies that pollute or have a high carbon footprint "will be asked to produce green transition plans", said the European Commission's Executive Vice-President in charge of the Green Deal, Frans Timmermans, on Thursday 28 May, at a joint press conference with Commissioners Elisa Ferreira and Nicolas Schmit.
The Commission's objective is to ensure that the businesses supported by the instrument "are taking it in the...