December 2020 European Council Meeting

On December 10, European Head of States met at the European Council meeting.

In what was considered as a landmark moment for the European Union, two agreements were struck:

  • A deal on the next Multi-Annual Financial Framework (2021 – 2027) & the Next Generation EU thus giving people and businesses the support and peace of mind they need in the midst of the ongoing crisis; and
  • an agreement to cut gas emissions by at least 55% by 2030.
    The agreement on the next EU Budget will help the Union provide a strong response to the current crisis while preserving rule of law.

The agreement on cutting gas emissions puts the European Union on a clear path towards climate neutrality in 2050. It gives certainty to investors, to businesses, to public authorities and to citizens.

For more information please click here.

« Back