The European Commission approved on Tuesday the plan for public-private investment of 300,000 million euros over three years proposed by the President of the Commission, Jean-Claude Juncker, in his investiture and aims to boost economic recovery. It is expected that this initiative Juncker Parliament on Wednesday.
The investment plan will focus on mature projects of European interest in the transport, energy and the digital economy. Most of the money will have to come from the private sector, it must not generate more public deficits and more debt in member states. The European Investment Bank (EIB) will have a substantial role and can use the EU budget as collateral. The slowdown in the growth of the EU and especially the eurozone, has forced accelerate. Juncker defended this macroinversión to win the support of the socialist group during his inauguration as President of the European Commission.
A support him no evil shall come Monday when the plenary of the Parliament debated the motion of censure by eurosceptics and the extreme right against the Commission chaired by Jean-Claude Juncker by scandal ‘LuxLeaks’. The motion will be voted on Thursday, but will not succeed because popular, socialists, liberals, greens and even United Left which was collecting signatures to present its own motion of censure against Juncker – have already announced they will oppose so as not to the game eurosceptics and the extreme right.
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