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Austria combines approval with EU aid program for investments in RD and the environment

July 12, 2020

The Austrian Chancellor Sebastian Kurz has called for the EU aid package to deal with the economic crisis caused by the coronavirus pandemic to pay special attention to new technologies and the environment in order to give its approval.

“Since we are going to spend a large amount of public money, we should make sure that it is aimed at the right sectors,” said the Foreign Minister in an interview with the newspaper “Frankfurter Allgemeine Sonntagszeitung”.

Above all, more research and development, a good digital infrastructure and even the technological change required for better climate protection, “he added.

Austria combines approval with EU aid program for investments in RD and the environmentAustria combines approval with EU aid program for investments in RD and the environment

His comments will take place before the EU’s special summit on July 17-18, where many signs of agreement on a € 750 billion recovery package proposed by the European Commission are expected in the form of € 500 billion. Grants in the amount of euros and loans in the amount of 250 billion euros to support the economic recovery.