Late in the afternoon of Wednesday 12 July, the representatives of the European Parliament and the Estonian Presidency of the Council of the EU are not expected to reach a definitive agreement on doubling the duration and firepower of the 'Juncker' investment plan (see EUROPE 11814).
The negotiations are struggling mainly over the financing and governance of the EFSI fund, which grants public guarantees to the projects selected under the 'Juncker' plan. On these two elements, the Estonian...