Fabian Zuleeg – Chief Executive at the European Policy Centre, a Brussels-based think tank – meets with Sonja van Renssen to analyse the European Commission’s €315 billion investment plan aimed at boosting growth and jobs in Europe.
Zuleeg underlines that more public investment should be added to the package by the Member States in order to effectively spur the private sector into action. According to the EPC’s expert, turning €21 billion into €315 billion of new investment by 2017 is of “very tall order“.
A big difficulty will be getting projects up and running in those Member States that have been worst affected by the crisis, Zuleeg argues. He questions how easy it will be to apply the mechanism to uncharted terrain such as new technologies and social infrastructure.
Juncker’s investment package: “very tall order” to leverage €315 billion, underlines European Policy Centre’s expert tweet