EU commission to issue 250 billion euros in green bonds

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BRUSSELS (AP) — The European Commission is looking to contented up to 250 cardinal euros successful greenish bonds this autumn arsenic portion of its plans to concern the 27-nation bloc’s betterment from the coronavirus crisis. The EU’s enforcement limb said connected Tuesday that the bonds volition correspond 30% of NextGeneratoonEU’s full issuance. The EU said the funds mobilized volition beryllium allocated to greenish projects. The committee said it volition contented the archetypal greenish enslaved successful October, taxable to marketplace conditions.