The European Commission presented, on Wednesday 18 May, the final version of its ‘REPowerEU’ plan, which aims to get the European Union completely off Russian fuels by 2027, by allocating almost €300 billion.
“We will first of all reduce our imports of Russian gas to one third already this year, and then working towards 2027, reduce our dependency to zero, if all works well”, said Frans Timmermans, Executive Vice-President of the European Commission responsible for the European...