25/03/2025 (Agence Europe) – On Tuesday 25 March, the President of the European Council, António Costa, advocated the launch of a “global initiative” that would provide debt relief for developing countries in exchange for investment in climate and environmental protection. “Replacing the debt-financing cycle of the debtor with green investments by the creditor” would enable a virtuous win-win approach, he said in a speech to the European Policy Centre. He emphasised the...