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European Commission has proposed 3.75 bln euros for energy

Posted on 06 March 2009

From Guardian: A plan to spend billions of euros on overhauling the European Union’s energy infrastructure has become mired in internal squabbling that could deprive the region’s struggling economy of a timely stimulus.
In January, European Commission President Jose Manuel Barroso proposed spending 3.75 billion euros ($4.7 billion) of “spare” EU funds to shore up infrastructure after this winter’s gas crisis left thousands of East European households shivering….. Full Article: Source


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