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European Commission - PRESS RELEASES - Press release - Investing in Europe: speech by President Juncker in the European Parliament plenary session on the € 315 billion Investment Plan
I know some of you are worried about the impact on the research and infrastructure allocations. You fear that redirecting money from the Horizon 2020 and Connecting Europe budget lines will mean that money is lost. But this is not the case. Every euro from these programmes paid into the Fund creates €15 euros for those very same research and infrastructure projects. We are not just moving money around, we are maximising its input.

Note to those who are "worried": IF Juncker's x15-leverage plan works, those research and infrastructure projects will be 93.34% funded by the private sector.

This fits Germany's current attitude to investment: oh dear yes, Germany is short on investment, but it has to be private.

by afew (afew(a in a circle)eurotrib_dot_com) on Thu Nov 27th, 2014 at 02:13:29 AM EST

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