EU REGIONAL AID GUIDELINES FAVOUR ENERGY INVESTMENT

BY KEITH NUTHALL ENERGY investment will be a key priority of the Euro 308 billion in regional development grants that will be spent by the European Union (EU) from 2007 to 2013. In guidelines to budgets last week agreed by EU ministers for the European Regional Development Fund, the European Social Fund and the EU Cohesion Fund, energy looms large for helping poorer European regions out of poverty. "One of the preconditions for growth and jobs is to ensure that the necessary infrastructure (e.g. transport, environment, energy) is available to ...


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