Source: Sonja van Renssen, Energy Post

The EU and European Investment Bank (EIB) have teamed up to launch a new investment programme for Europe – with energy, as well as transport, research, innovation and education, its key objects. A modest €21bn in public money is set to be multiplied up to a whopping €315bn in total investments over the next three years, pushing Europe toward that long-hoped for economic recovery. There is no dedicated share of the money for individual sectors or countries, yet first reactions from the energy community are enthusiastic.

Source: Jeremy Fleming, EurActiv

The European Commission yesterday (25 November) unveiled the mechanism for its much-heralded €315 billion investment plan, revealing how a limited €21 billion of initial public money is intended to lift fifteen times as much in capital.

Source: Marian Chiriac, Balkan Insight

The European Commission has opened an infringement case against Bucharest over deforestation caused by an expansion at a major mining complex.