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In a significant move to bolster Europe's economic future, the European Commission and the European Investment Bank (EIB) Group today have signed an agreement, adding €22 billion in strategic financing under the InvestEU programme.
Today, the EU and US signed a Memorandum of Understanding (MoU) on a strategic partnership on critical minerals and agreed an EU-US Critical Minerals Action Plan. These initiatives, reflect the EU's commitment to deepen cooperation on critical raw materials.
Today, the European Commission presented first initiatives to boost investment in homegrown clean energy solutions, increase resilience and reduce energy prices. The current geopolitical context again reminds us of the risks related to Europe's reliance on imported fossil fuels.