Submitted by christian on Thu, 11/27/2014 - 11:29
The European Commission unveiled on 25 November the mechanism for its much-heralded €315 billion investment plan, revealing how a limited €21 billion of initial public money is intended to lift fifteen times as much in capital. The proposal, which must be approved by European leaders at a summit in December, would mix an investment fund with a scheme to match new projects with private money.
