Today, the Deputy Prime Minister and Minister of Foreign Affairs of Bulgaria Ekaterina Zaharieva chaired the General Affairs Council meeting in an EU-27 format (GAC Article 50). That was the last meeting of this Council formation under the Bulgarian Presidency.
The scope of this study is to: – estimate the financial needs of the ocean energy sector in the EU; – identify and analyse potential financing gaps and possible financing solutions; – analyse recommendations of the ocean energy roadmap in that context. Three scenarios have been developed: Optimistic, (all projects in the pipeline are deployed and start at the proposed date), Medium (all projects are deployed, but some are delayed), Pessimistic (projects are delayed and some are cancelled).
Preparing for Brexit is not just a matter for EU and national authorities, but also for private parties. Businesses are reminded of legal repercussions which need to be considered when the United Kingdom ceases to be a member of the EU.
The European Commission and the United Kingdom published today a Joint Statement outlining the progress that has been achieved on the terms of the draft Withdrawal Agreement since the negotiation round that took place on 16-19 March 2018.