The European Commission and the EIB are working together on the growth fund (Photo: EIB)

EU investment fund ready for autumn

The EU's jobs and growth fund is to formally up and running in early autumn, a little under a year after it was announced by European Commission president Jean-Claude Juncker.

The commission made the announcement Wednesday (22 July) after the signature of a cooperation agreement with the European Investment Bank on how the €315bn plan should be implemented.

The commission also adopted a paper on the role of national promotional banks in the European Fund for Strategic Investments,...

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