German chancellor Olaf Scholz was said to have reversed German opposition to joint EU borrowing — but this was later denied by government sources (Photo: Council of the European Union)

Germany dallies on formal support for joint EU energy fund

EU Political

Green Economy

by Wester van Gaal, Brussels,

Germany has no plans to back a joint European Union loan mechanism, a government source told EUobserver on Monday (10 October), disavowing a media report claiming chancellor Olaf Scholz would support such a scheme, long opposed by the government in Berlin.

"I learned about it from the article, but there is no formal position from the German gov...

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EU Political Green Economy

Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

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German chancellor Olaf Scholz was said to have reversed German opposition to joint EU borrowing — but this was later denied by government sources (Photo: Council of the European Union)