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EU plans 21b-euro fund to share risks

It will anchor EU's 300 billion-euro investment programme, say officials
Tuesday, November 25, 2014 - 05:50

Brussels

THE European Union is planning a 21 billion-euro (S$33.97 billion) fund to share the risks of new projects with private investors, two EU officials have said.

The new entity is designed to have an impact of about 15 times its size, making it the anchor of the EU's 300

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