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MNI: European Parliament To Oppose EU Joint Funds - EP Sources

The European Parliament is set to vet nominees for the next European Commission from Nov 4-12.

MNI (BRUSSELS) - European Parliament vetting of nominees for the next European Commission from Nov 4 to 12 is likely to highlight opposition to any further joint EU funding or any fresh major initiatives to reduce carbon emissions, parliamentary sources told MNI.

Only a major crisis would galvanise support for additional funding, despite the call for this made by former ECB chief and Italian prime minister Mario Draghi in his recent report on European competitiveness, while the green regulatory tide seems to have reached its high-water mark even if there is no backsliding on Green Deal legislation, one senior source said.

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MNI (BRUSSELS) - European Parliament vetting of nominees for the next European Commission from Nov 4 to 12 is likely to highlight opposition to any further joint EU funding or any fresh major initiatives to reduce carbon emissions, parliamentary sources told MNI.

Only a major crisis would galvanise support for additional funding, despite the call for this made by former ECB chief and Italian prime minister Mario Draghi in his recent report on European competitiveness, while the green regulatory tide seems to have reached its high-water mark even if there is no backsliding on Green Deal legislation, one senior source said.

Keep reading...Show less