April 13. 2021. 10:40

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Strategic Compass and the EU’s €440 million failed gas projects


Strategic Compass and the EU’s €440 million failed gas projects

This week on EURACTIV’s Yellow Room, we are talking about Friday’s EU summit, where the leaders are expected to discuss security and defence issues.

During the first part of their meeting, they will be joined by NATO Secretary-General Jens Stoltenberg for an exchange of views on EU-NATO cooperation.

Afterwards, they will focus on the EU strategic autonomy and the EU’s new and shiny work in progress – the EU Strategic Compass. To analyse the different components of the summit, we are joined by EURACTIV’s Alexandra Brzozowski.

We are also talking about the findings of research by Global Witness, an international NGO, on how the European Commission finances gas pipeline projects.

The EU has spent more than 440 million euros to fund these delayed or failed projects. To shed some light on what went wrong and what are the Commission’s plans for the future, we spoke with Frédéric Simon, EURACTIV’s senior editor in charge of energy and environment.