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Foreign ministers could not agree on how to allocate the €5 billion funding for various energy and broadband projects (Photo: European Council)

Foreign ministers haggle over pipeline funding

EU foreign ministers on Monday failed to reach an agreement over energy and broadband projects worth €5 billion, leaving the decision for the top level summit later this week.

The proposals were put forward by the European Commission as part of the economic recovery package, as well as a response to the recent gas crisis caused when Gazprom cut off supplies to Ukraine in the early weeks of January.

"We did not reach a decision yet. Some member states expressed the need to look at ...

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Foreign ministers could not agree on how to allocate the €5 billion funding for various energy and broadband projects (Photo: European Council)

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