On Monday 24 June, the European Union disbursed €2.967 billion under the Modernisation Fund to support 39 energy projects in 10 low-income Member States supported by the Fund to modernise their energy systems, reduce greenhouse gas emissions and improve energy efficiency.
This is the largest disbursement to date, bringing the Fund’s total expenditure since January 2021 to €12.65 billion.
The beneficiaries are Bulgaria (€65.2 million), Croatia (€52 million), the Czech...