About: European External Investment Plan

Development Policy 17-11-2017

EIB president: Europe needs a paradigm shift in development policy

The Juncker Plan has been a "miraculous instrument", and Europe now needs the same paradigm change in development policy. That means moving from social policy to economic development, and from grants to loans. The EU will play a huge role in that shift, Werner Hoyer told EURACTIV.com in an interview.