MEPs back extra €1.5bn for energy in 2010 budget

The European Parliament has backed a call for allocating an extra €1.5bn to strategic energy projects as part of the EU's economic recovery plan. MEPs rejected member states' demand that the money should come from other programmes within the EU budget.

Funds for energy projects should not be increased to the detriment of other programmes, MEPs insisted. Instead the funds should come from reserves in the EU's financial perspective, the framework that defines budget priorities for the period 2007-13.

Please sign in to access this article. To subscribe, view our subscription options, or take out a free trial.

Please enter your details

Forgotten password?

Having trouble signing in?

Contact Customer Support at
subs@endseurope.com
or call 020 8267 8120

Not a subscriber?

Take a free trial now to discover the critical insights and updates our coverage offers subscribers.