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The European Investment Bank is increasingly being looked at as a potential saviour of the EU economy (Photo: incurable_hippie)

Analysis

Europe's 'last chance' investment scheme depends on pension funds

During his successful campaign for the European Commission presidency, Jean-Claude Juncker described his flagship plans for a €300 billion investment programme as ‘Europe’s last chance’.

Despite disappointment in some quarters about the lack of any ‘new’ money or extra public investment, the ambitious scheme outlined on Wednesday (26 November) by the new Commission chief received a cautious welcome from most politicians and business groups.

Nobody wants the scheme to fail, and th...

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

The European Investment Bank is increasingly being looked at as a potential saviour of the EU economy (Photo: incurable_hippie)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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