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Dreams of European Investment Bank Quitting Coal Go Up in Smoke - For Now

Climate activists take responsibility for fake press release, bizarre award ceremony

Brussels -- The European Investment Bank (EIB) president Werner Hoyer was forced to say this morning, during the EIB’s annual press conference, that an announcement that the bank would give up lending to coal was “pure nonsense”. And this, despite the fact that Hoyer repeatedly referred to the EIB as a frontrunner in the fight against climate change.

EU budget update: Are Europe's leaders serious about taking the green shirt off all of our backs?

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With a key EU summit one month away, how do things currently stand with the tortuous, plate tectonic-esque EU budget 2014-2020 negotiations?


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