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BREAKING NEWS
Sprint Raises Offer for Clearwire to $3.40 a Share

Israel, European Commission Agree to Expand Water Collaborations

Israel and the European Commission agreed to a five-year plan to expand collaborative efforts to develop sustainable water supplies such as desalination and boost energy-efficiency efforts.

The agreement is an “important milestone in the progression of development between Israel and the EU,” Prime Minister Benjamin Netanyahu said. “The more we cooperate, the more it will benefit our respective societies.”

Renewable energy, smart grids, energy-saving measures and oil fuel alternatives are among the areas to be focused on in the accord, the EU said in a statement.

To contact the reporter on this story: Randall Hackley in Zurich at rhackley@bloomberg.net

To contact the editor responsible for this story: Randall Hackley at rhackley@bloomberg.net

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