Britain willing to discuss paying into EU to join electricity market, says minister
3 Articles
3 Articles
The leaders of Belgium, Germany, Denmark, Luxembourg and the Netherlands want to condition an energy rapprochement with the United Kingdom on its contribution to the EU's regional funds, adding an obstacle to the negotiations before the 20 November summit.
What happened? Belgium, Germany, Denmark, Luxembourg and the Netherlands sign a letter to Ursula von der Leyen and António Costa to condition the UK’s integration into the EU’s electricity market to a contribution to cohesion funds. Who is behind it? The five signatory governments, with Chancellor Friedrich Merz as a heavyweight; the Commission and the Council negotiate the joint declaration before the EU-United Kingdom summit on 20 November; Lo…
Britain willing to discuss paying into EU to join electricity market, says minister
Hamish Falconer says UK has ‘not accepted principle’ of linking electricity trade to ‘cohesion fund’ but two sides will discuss issue Britain is willing to discuss paying towards infrastructure schemes in poorer parts of the EU in return for access to the European electricity market, according to the minister in charge of renegotiating the bilateral…
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