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Finland gets green light for recovery grants

EU welcomes country’s target to be carbon neutral by 2035 and decision to avoid loans

Finland will receive €2.1 billion in grants from the EU’s Recovery and Resilience Facility, a budget created by the bloc to kickstart the European economy as it emerges from the coronavirus pandemic. 

The European Commission, which administers the budget, last week accepted Finland’s spending plan for the money. The Commission welcomed Finland’s “ambitious” goal of achieving carbon neutrality by 2035, 15 years ahead of the proclaimed EU target.

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