EU worries about climate change and stops funding fossil fuels

EU worries about climate change and stops funding fossil fuels

The European Union should phase out its funding of oil, gas and coal projects, EU finance ministers said in a joint statement on Friday (8 November), in a move that could mark a major shift in the bloc’s efforts to combat climate change. It is the first time EU finance ministers have backed a declaration urging an end to fossil fuels funding altogether, having called previously only for an end to funding for coal power plants. The statement, adopted by EU finance ministers, retains some ambiguity, however, saying it “encourages”…

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Bulgarian dissident sums up 30-year “criminal” transition

Bulgarian dissident sums up 30-year “criminal” transition

Petar Boyadjiev, a Bulgarian dissident and political refugee living in France, has talked to EURACTIV Bulgaria about his “disgust” with people in power in his native country, who he says waste or misappropriate EU funds instead of using them to the benefit of society. He also revealed interesting facts about the relationship between the late communist leader Todor Zhivkov, in power from 1956 to 1989, and the current Prime Minister Boyko Borissov. Boyadjiev, born in 1941, distributed leaflets in 1966 together with a friend, calling for Bulgaria to leave the…

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