Markets

The Acts will now be transmitted to the European Parliament and the Council, which have 2 months to scrutinise them and to either accept or reject the proposals.

EDP Renewables maintains its focus on the Brazilian market, where it has already installed over 1.1GW of renewable energy.

The Interministerial PPP Committee has granted approval for two projects with total budget of c.€195.15M

An additional $1 billion in operations is also being prepared to support people affected as the World Bank provides immediate support for recovery and reconstruction from this catastrophe.

According to Bloomberg, central banks warn that higher debt burdens are squeezing homeowners already struggling with inflated food and energy bills.