European Commission proposes $4.6 billion package to fund energy infrastructure projects

摘要

The European Commission has proposed setting aside ?3.5 billion ($4.64 billion) for energy projects as part of a stimulus package aimed at speeding up necessary infrastructure investments and “cushioning the blow of the economic downturn.” The Commission said in December that it wanted to divert ?5 billion of unused funds to improving Europe’s energy interconnections as well as telecommunications infrastructure, but diversifying gas supplies and transit routes has moved to the top of the EU’s agenda after volumes were shut off for over two weeks during this month’s Russia-Ukraine dispute.