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Home arrow newsitems arrow EU Commissioners Gentilone + Khan to EF: EAST MED+ Funding by GREEN DEAL policy too

EU Commissioners Gentilone + Khan to EF: EAST MED+ Funding by GREEN DEAL policy too

Written by ACM
Tuesday, 14 January 2020

 eucom_gentilone__khan_agg_eurofora_400                                                                                                    *Strasbourg/EU Parliament/Anglo Marcopolo/- "Such kind of Energy Projects could, for Sure, be Funded in the context of EU's New Green Deal Policy", where "a  Lot of Opportunities exist", as "Discussions have just Started", Replied, in substance, EU Commissioners Gentilone and Khan to a relevant "Eurofora"s Question on the "East Med" Gas Pipeline project for Direct Transport into the EU,<i<tout, (Comp. also : ...), during their Joint Press Conference Today.    

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agg_question_on_green_deal_to_eucommissioners_gentiloni_khan_eurofora_400 

 - As you know, there are certain Energy Transport Projects which could Support or Ease the Green Deal policy's main Aims, as, f.ex., the Climate-Friendly Gas Pipeline, going Directly into the EU, withOut Transiting through any Foreign Countries : "East-Med", between Cyprus, Israel, Egypt, Greece, and hopefully Italy, etc), but we might also Add Romania's Black Sea outlets/links, through Balkan Gas Pipeline and/or Danube/Rhine rivers, etc. Do you think that such Projects could be Backed by any among the Green Deal Investment Plans that you Highlighted ?", "Eurofora" asked the 2 competent EU Commissioners, Gentilone (former Prime Minister), and Johanes Khan (former Foreign Minister from Austria), who were Presenting the Collective EU Commission's Decisions in a Press Conference, in EU Parliament, in Strasbourg.

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=> - Indeed, "there are such Energy Projects of many kinds, that, for Sure, could be Funded, privately or publicly, in the framework of our Green Investments Plan", positively Replied, at First, Gentilone.

- "Because we have a Broader Picture, what is the Green Investment Plan : 1 Trillion €. And we have, inside that, 10% which is Helping Regions and Sectors in Difficulty. Obviously, the Broader area has much More Sectors Eligible for EU Funding", he explained.

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+ EU Commissioner Johanes Hahn was even more Concrete :

- What You ("Eurofora") said, are Investments from Outside the EU, and these are clearly Thankable Projects, to be Financed by Private Sources" mainly; while, f.ex. National Promotion Banks are Free to Finance such Projects, he indicated.

 - "IEB, Only on its own, (i.e. withOut any collective EU Commission's Conclusions) had decided not to fund Projects working with Gas or other Fossile resources", he reminded, for a moment of the Past.            

  >>> - "But", Nowadays, Despite that, still "there are a Lot of Opportunities !", Hahn encouraged.

- "And we (EU) are Not yet at the End of the Discussions", (but, on the Contrary, at their very Beginning !), EU Commissioner Khan stressed in Reply to "Eurofora"'s Question.

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+ Earlier this week, it's also EIB's President Hoyer, who, speaking to "Eurofora", attested East-Med project's coherence with EU's New "Green Deal" policy, (Comp, f,ex. at : ....)


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