EU competition regulators on Tuesday approved a $1.52 billion joint hydrogen project funded by seven EU countries and a separate $1.1 billion joint health care project funded by a group of six EU countries. Estonia, France, Germany, Italy, Netherlands, Slovakia and Spain will provide up to $1.52 billion in public funding for the hydrogen project which is expected to unlock an additional 3.3 billion euros in private investments, the European Commission said in a statement.
The health care project will be funded by Belgium, France, Hungary, Italy, Slovakia and Spain to support research and innovation and is expected to unlock an additional 5.9 billion euros in private investments, the Commission said. GET FOX BUSINESS ON THE GO BY CLICKING HERE Sanofi, Euroapi and 11 other companies will participate in 14 health care schemes.