EU leaders gather in Brussels at the end of this week to, the European Commission hopes, give a "strong political endorsement" to the investment fund proposed by President Jean-Claude Juncker.
The fund, unveiled last month, is supposed to result in €315bn investment in the EU economy over the coming years, using a guarantee of €16 billion from the EU budget and €5 billion from the European Investment Bank (EIB). \n \nIt has come in for criticism for relying on high leverage premises (€1...
Back our independent journalism by becoming a supporting member
Already a member? Login here