Oettinger found himself in the spotlight again — this time, after revelations that he flew to Budapest in May on the private plane of a German businessman, Klaus Mangold, to meet with Hungarian Prime Minister Viktor Orbán. Mangold, Vice-Chairman Europe at the investment bank Rothschild, has connections to both the Hungarian government — he’s a consultant for a multi-billion euro nuclear project known as Paks II — and the Kremlin. (He is sometimes referred to as Mr. Russia in the German press.)
Politico 18th Nov 2016 read more »
The EU claims to be promoting an ambitious agenda at the Marrakesh climate conference, but its latest piece of energy legislation could subsidise new coal capacity and undermine market access for renewables.
Edie 17th Nov 2016 read more »
The European Commission has ended proceedings against Hungary over the award of a contract to Russia’s Rosatom to expand the Paks nuclear plant, although it is still investigating the country’s funding for the project. The Commission said in a filing that its infringement proceedings had closed on Nov. 17. EU rules allow public procurement without call for competition if the contract can only reasonably be given to one company.
Reuters 18th Nov 2016 read more »