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EU launches new fund to boost investment

Asian investors can also participate in projects, says EC vice-president
Saturday, September 26, 2015 - 05:50

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MR KATAINEN: 'I want to explain what opportunities there are in Europe for foreign investors. I want to raise awareness that Europe is changing.'

Singapore

THE European Union (EU) has launched a new institution to kickstart flagging investment in the 28-member grouping. Called the European Fund for Strategic Investment (EFSI), the institution will invest or guarantee investments to the tune of about 20 billion euros (S$31.7 billion

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