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The European Commission has been directly financing Euronews..

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First published at 06:33 UTC on June 18th, 2022.

#europeancommission
#directlyfinancing
#euronews

proletarius64

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The European Commission has been directly financing Euronews for reporting on EU affairs, with the broadcaster set to receive €16 million in 2021 alone. However, the EU executive decided to gradually open such financing to the competition as of 2024…

A Commission spokesperson declined to comment on the situation of a private company but said the EU executive is monitoring that changes in management and editorial workflows do not impact their contractual arrangements.

A source familiar with the matter told EURACTIV that the move had in fact been welcomed by policymakers in the EU Commission and Parliament.

The takeover is due to be finalised in the first months of 2022.
https://www.euractiv.com/section/media/news/euronews-changes-hands-with-global-ambitions-in-sight/

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