DAVOS, Jan 17 —European Fee head Ursula von der Leyen stated as we speak {that a} potential European sovereignty fund to assist clean-tech trade would disburse each grants and loans.
Von der Leyen stated that because the EU prepares to arrange this fund – aimed toward making home industries extra aggressive, particularly towards US and Asian companies – a bridging answer for the financing of inexperienced trade would additionally contain loans and grants.
“We’d like a really clear message and sign now to the clean-tech trade that Europe is their dwelling and future and it’s value to take a position right here,” she advised reporters on the sidelines of the World Financial Discussion board in Davos. — Reuters