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MNI BRIEF: EC Chief Signals Flexibility On Green Transition

The EU Commission chief today signalled a more "flexible and pragmatic" approach to the green transition.
BundesbankCentral Bank NewsPolicy NewsEuropean Central BankCEEMEAEurozoneGermanyBriefStory

MNI (LONDON) - The European Commission will be taking a more "flexible and pragmatic" approach to the green transition, its President Ursula von der Leyen said at a press conference today. 

While the final decarbonisation goals of the EU would remain "cast in stone", von der Leyen said that the EC would adapt its course in order to achieve its green deadlines "better and faster".  The comments follow the release of the Commission's "Competitiveness Compass" today in which the EC promised to reduce the complexity of its green legislation and to make it simpler and more business friendly, particularly for SMEs. 

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MNI (LONDON) - The European Commission will be taking a more "flexible and pragmatic" approach to the green transition, its President Ursula von der Leyen said at a press conference today. 

While the final decarbonisation goals of the EU would remain "cast in stone", von der Leyen said that the EC would adapt its course in order to achieve its green deadlines "better and faster".  The comments follow the release of the Commission's "Competitiveness Compass" today in which the EC promised to reduce the complexity of its green legislation and to make it simpler and more business friendly, particularly for SMEs. 

Keep reading...Show less