About: public money

Exploring the €315bn EU investment plan

European Commission President Jean-Claude Juncker last week provided details of his plan to mobilise €315bn of public and private investment over the next five years to revive Europe’s economy. Just €21bn of initial public money is intended to lift 15 times as much in capital, a leverage ratio that many have already dismissed as unrealistic. Juncker has cited transport infrastructure, energy efficiency and schools’ IT as among the types of projects he envisages the money being spent on.