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Springs buds: talk in Brussels is switching emphasis from austerity to growth (Photo: mcarruth)

Brussels keen to redirect €82bn for jobs and growth

The EU commission wants to redirect €82bn worth of structural funds to projects aimed at boosting employment and growth, particularly in bailed-out countries, measures seen as both vague and inadequate by critics.

Anticipating a demand from Monday's EU summit to redeploy as yet unspent structural funds for employment-related projects, the EU commission on Friday (27 January) announced its intention to work with member states on redistributing €82 billion.

Speaking at a press conf...

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