BRUSSELS (REUTERS) - The European Union's chief executive laid out ambitious goals on Wednesday (Sept 16) to ensure the bloc is more resilient and united to confront futures crises after the coronavirus pandemic, which has plunged Europe into its deepest recession in history.. Read more at straitstimes.com.
BRUSSELS - The European Union's chief executive laid out ambitious goals on Wednesday to ensure the bloc is more resilient and united to confront futures crises after the coronavirus pandemic, which has plunged Europe into its deepest recession in history.
Von der Leyen, who wants Europe to become the world's first climate-neutral continent by mid-century, unveiled a plan to cut the EU's greenhouse gas emissions by at least 55 per cent from 1990 levels by 2030, up from an existing target of 40 per cent. She also pledged to use green bonds to finance those climate goals.
The former German cabinet minister also called for greater investment in technology for Europe to compete more keenly with China and the United States, and said the EU would invest 20 per cent of a 750 billion euro economic recovery fund in digital projects. Solidarity among the 27 member states frayed badly at the onset of the Covid-19 pandemic, when countries refused to share protective medical kit with those worst-affected and closed borders without consultation to prevent the spread of the virus.
"In the last months we have rediscovered the value of what we hold in common," Von der Leyen said."We turned fear and division between member states into confidence in our union." Brexit talks were plunged into a new crisis this month after Prime Minister Boris Johnson put forward a new Internal Market Bill that would undercut Britain's Withdrawal Agreement.
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