26th Oct 2016


EU investment plan must double, say southern states

The EU should double its investment plan, currently at €315bn over a period of three years, the EU's Mediterranean member states agreed on Friday at a summit in Athens. They urged “more ambitious initiatives” for jobs for young people. Initiated by Greek PM Tsipras, the group aims to form a counterweight to German-lead austerity policies in Europe. The leaders said they would meet next in Portugal.

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