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Europe Daily Bulletin No. 11683

7 December 2016
ECONOMY - FINANCE - BUSINESS / Economy
Council approves extension of 'Juncker' investment plan
Brussels, 06/12/2016 (Agence Europe)

On Tuesday 6 December, EU finance ministers approved the extension of the 'Juncker' investment plan on the basis of the compromise reached by their ambassadors to the EU last week (see EUROPE 11679).

The idea presented by the Commission in September is to double the firepower and duration of the 'Juncker' investment plan by attracting €630 billion in investments up to 2022. Due to the limits imposed by the multi-annual financial framework 2014-2020, the agreement reached by the member...

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