EU presents new investment plan
PR dla Zagranicy
John Beauchamp
27.11.2014 14:48
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EU presents new investment plan. Slawek Szefs reports.
EC president Jean-Claude Juncker presented a special Investment Plan in the European Parliament, on Wednesday.
PAP/EPA/PATRICK SEEGER
Jean-Claude Juncker, President of the European Commission before his speech about the jobs, growth and investment package at the European Parliament in Strasbourg, France, 26.11.2014. Photo: PAP/EPA/PATRICK SEEGER
As Slawek Szefs reports, the package, hoped ultimately to consist of at least 315 billion euro, aims at stimulating economic growth and hiking employment in Union member countries.
What are the chances for success, given its spectacular provisions?
"We have to keep in mind that 21 billion euro of the funds come from the Commission and Union budgets, while the remainder is to be gathered by methods of financial leverage coming from the market,” MEP Jacek Saryusz-Wolski from the European Peoples Party and former vice-president of the European Parliament told Polish Radio.