Renovation firms' stock rises on EU 'green recovery' boost
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BRUSSELS (Reuters) - A pledge from European policy-makers to pour funds into energy-saving refurbishments of old, draughty buildings has boosted the outlook for the green construction sector as it seeks to shake off the impact of the coronavirus, fund managers said.Buildings absorb 40% of energy consumed in Europe - much of it produced by fossil fuels - threatening the European Commission's push to cut net European Union emissions to zero by 2050.The European executive's stimulus package..