Three Seas regional investment fund amasses 1 billion euro, yet aims for 5 billion euro
The Three Seas Fund, an investment vehicle initiated by the Polish state-owned development bank BGK, has collected EUR 1 billion in funds that can be used for energy and infrastructure investments in Central and Eastern Europe, said BGK’s CEO.
The Three Seas Initiative, under which the fund operates, is an infrastructure and energy cooperation project involving 12 Central and Eastern European countries stretching from the Baltic to the Adriatic and Black seas.
Beata Daszynska-Muzyczka said that the target figure for the fund, which was set up in 2019, has been set at EUR 3-5 billion.
Poland-led regional investment fund amasses EUR 1 bln thefirstnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thefirstnews.com Daily Mail and Mail on Sunday newspapers.
Wed, May 5, 2021
Estonian President Kaljulaid and US Senator Shaheen on challenges from Moscow and the future of Nord Stream 2 Transcript by Atlantic Council
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The Hon. Jeanne Shaheen
Staff Writer, The New Yorker
SUSAN GLASSER: I want to thank both of you and, of course, everyone who’s joined the Atlantic Council today. It’s my great honor to have a terrific panel for us today to talk about these issues. I can’t think really of two better observers of this complicated and robust US-EU relationship than the two people with us today.
We’re joined by the president of Estonia, President Kersti Kaljulaid, who joins us from Tallinn. I believe you’re just back from a trip to Poland today. And we’re really honored to have you with us. And here, I think you’re joining us from New Hampshire, but Senator Jeanne Shaheen, who is a leading Senate voice on the Senate Foreign Relations Committee and keen observer, I must say
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Recently, these efforts got a small boost from an unlikely agency – the US State Department – which rolled out a video by Secretary of State Anthony Blinken and a $5.3M grant program to promote development of SMRs in a 12 nation region in Europe. The double shot of support is intended to blunt Russian, and to some extent, Chinese efforts to dominate the energy supply chain for these countries.
Russia has been seeking to dominate the energy security realm for Europe via provision of natural gas. The big energy bullseye regarding Russian gas projects is the highly controversial Nord Stream 2 pipeline.
Scottish election 2021: Scottish Conservatives manifesto at-a-glance bbc.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bbc.co.uk Daily Mail and Mail on Sunday newspapers.