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EU green-finance rules delayed to spring as eastern countries force rethink

By Giulia Bedini and Jack Schickler ( January 28, 2021, 13:57 GMT | Insight) -- EU green-investment rules will be delayed until spring, said the official leading the file at the European Commission's financial services unit, after a last-minute challenge from the bloc's eastern countries surrounding the role of natural gas. The financial sector is awaiting clarity as to where to deploy funds and how to design products such as green bonds. In parallel, it’s also been suggested the rules might be used to channel the bloc's Covid recovery funds.EU green-investment rules will be delayed until spring, said the official leading the file at the European Commission's financial services unit, after a last-minute challenge from the bloc's eastern countries surrounding the role of natural gas....

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