“Designated European Commission President Jean-Claude Juncker called on Tuesday for a 300 billion euro ($409 billion) public-private investment programme to revive the European economy, create jobs for the young and stimulate growth over the next three years. The money should be mobilised from existing budget resources, the European Investment Bank and the private sector, he said. ‘We need a reindustrialisation of Europe,’ the former Luxembourg prime minister said, promising a work programme in February 2015 for investments in energy, transport and broadband networks and industry clusters.”
http://www.reuters.com/article/2014/07/15/eu-commission-juncker-idUSB5N0N102R20140715
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