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Transport, Telecommunications and Energy Council: extracts from the joint press conference by Andris Piebalgs and Martin Říman, Czech Minister for Industry and Trade and President in office of the Council

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The European Ministers in charge of Energy debated today the European Commission's proposal of recovery plan, providing for EU co-funding of selected projects in the area of electricity and gas interconnections, and offshore wind and Carbon Capture and Storage (CCS) projects. The Commission proposed earlier this year a first list of projects that would get a total of EUR5 billion funding to offer some stimulus to the European economy. The first list included EUR3.5 billion for energy infrastructure. A large majority of the 27 European Union member countries and the European Parliament will have to approve the Commission's proposal before it can be implemented.
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Type: EbS   Reference: 61846   Date: 19/02/2009   Duration: 00:04:27
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