Thursday

17th Aug 2017

Ticker

Commission will extend Juncker fund

The European Commission will extend the lifetime of the investment fund named after its president, the Juncker fund, Juncker said on Wednesday. The fund, which through guarantees aimed at raising a total of €325 billion for infrastructural projects, will be increased to €500 billion by 2020, and €630 billion two years later. "Of course with member states contributing we can get there even faster," said Juncker.

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