The Business Times

International

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

International

Juncker proposes doubling EU investment plan to 630b euros

Published Wed, Sep 14, 2016 · 08:16 AM
Share this article.

[STRASBOURG] European Commission head Jean-Claude Juncker on Wednesday proposed to double his flagship EU investment plan to 630 billion euros (S$966 billion) by 2022 in a bid to boost the economy.

"Investment means jobs. Today I am proposing to double the duration and firepower of the our investment fund," Mr Juncker told the European Parliament in Strasbourg as part of his annual State of the Union speech.

The original Juncker investment plan, launched in 2015, had a target to stimulate the European economy by 315 billion euros over three years.

AFP

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here