The EIB is to lend €60bn, which is supposed to trigger up to €315bn in total investments (Photo: Forgemind ArchiMedia)

Juncker's plan: Making €60bn worth five times more

European Commission chief Jean-Claude Juncker will on Wednesday (26 November) unveil an "investment package" worth €315 billion for the next three years.

Only €60 billion will be actual loans disbursed via the member states-owned European Investment Bank (EIB) for infrastructure projects and small enterprises.

The rest is due to come from private and public sector top-ups.

The financial e...

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