Unemployment in the 27-member EU is expected to reach 11.5 percent by 2010 - the highest level since World War II.
VOA: standard.2009.05.04
The fund, Impax New Energy Investors II, targets EU renewable energy projects, such as wind and solar companies, which expect to have positive cashflows within a year.
The ruling challenges the Dublin II Regulation, used by many EU countries to send asylum seekers back to Greece, despite the country's backlog of cases.