This is an interesting read from the European Commission. Check it out!
via €5.5 billion for sustainable growth in Spain – European Commission.
Whilst I am delighted to see the European Commission investing €5.5 billion in Spain, I’m not convinced of the wisdom of targeting sustainable growth. This seems a bit like chasing the holy grail?
Surely, there are more strategic programs that would reduce dependency on imported energy or would generate additional jobs for young people?
It looks to me like environmental considerations are given priority over economic growth and strategic considerations? Also why is Spain given priority over other countries?
For example, what about a gas pipeline linking the East Mediterranean gas fields in Israel and Cyprus to the European mainland in Greece?