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EU approves German €5 billion scheme to cut industry CO2 emissions

The European Commission on Monday approved a €5 billion ($5.4 billion) German government initiative to assist businesses in decarbonizing their production processes. “The scheme approved today will support ambitious projects that will significantly reduce the greenhouse gas emissions of industrial production processes in Germany,” said Teresa Ribera, the commission’s vice president for a clear, just and…

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German committee approves €3bn in military aid for Ukraine this year

Germany’s Bundestag budget committee approved €3 billion ($3.2 billion) in additional military aid for Ukraine in 2025 and a further €8.3 billion for 2026 to 2029, attendees told dpa on Friday. By Andreas Stein, dpa The funds, which can now be released, are intended to bolster Ukraine’s increasingly difficult defence against Russian forces.An important part of…

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