Climate change policy

EU leaders seal landmark 2030 climate deal

European Union leaders agreed Oct. 24 what they hailed as the world's most ambitious climate change targets for 2030, paving the way for a new UN-backed global treaty next year.
      
The 28 leaders overcame deep divisions at a summit in Brussels to reach a deal including a commitment to cut greenhouse gas emissions by at least 40 percent compared to 1990 levels.
      

European Commission approves Romanian green certificate reduction for energy-intensive users

The European Commission has found on Wednesday that the Romanian green certificate reduction scheme, reducing the contributions of certain energy-intensive users to the financing of renewable energy, is in line with EU state aid rules, the EU executive said in a press release.

VAT cut on cards in bid to lower milk price

By Dimitra Manifava

The government is examining the possibility of reducing the value-added tax on milk to the lowest bracket of 6.5 percent, as it sees no other way of reducing the price of milk on store shelves, according to sources.

The decrease from the current rate of 13 percent could bring about a reduction of 8 to 10 cents per liter.

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