EU recovery fund has 'green strings' but no ban on fossil fuels

(Reuters) - The European Commission pledged on Thursday to attach climate conditions to its massive funding package to save Europe's coronavirus-battered economies, but stopped short of banning support for all fossil fuels.The European Union's executive on Wednesday proposed a 1.1- trillion-euro EU budget for 2021-27 and a new 750 billion economic recovery fund while doubling down on its goal to become "climate neutral" by 2050. The proposal earmarks 25% of the budget for climate-related..