European business leaders welcome EU investment plan
euronews (in English)
2015-03-26
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European business leaders have welcomed an EU plan to boost growth and jobs.
A European Fund for Strategic Investments is European Commission president Jean Claude Juncker’s masterplan to revive the European economy.
“In the social field, in tax matters, in the environmental field it is very important that we gradually converge, hugely simplifying bureaucracy, and the regulatory environment,” said Pierre Gattaz, President of French Business Federation.
Unsurprisingly, so-called red tape is a common complaint.
“We need to deal with some points: for example, the cost of energy must be lower, we still have a lot of red tape that we have to deal with, we have (need) to open to the international market,” said Emma Marcegaglia, President of BusinessEurope, a lobby representing European firms.
The 21 billion euro fund set by the European Commission and the European Investment Bank is supposed to leverage 315 billion euros in private investment.
Only Germany, Italy, France and Sp
A European Fund for Strategic Investments is European Commission president Jean Claude Juncker’s masterplan to revive the European economy.
“In the social field, in tax matters, in the environmental field it is very important that we gradually converge, hugely simplifying bureaucracy, and the regulatory environment,” said Pierre Gattaz, President of French Business Federation.
Unsurprisingly, so-called red tape is a common complaint.
“We need to deal with some points: for example, the cost of energy must be lower, we still have a lot of red tape that we have to deal with, we have (need) to open to the international market,” said Emma Marcegaglia, President of BusinessEurope, a lobby representing European firms.
The 21 billion euro fund set by the European Commission and the European Investment Bank is supposed to leverage 315 billion euros in private investment.
Only Germany, Italy, France and Sp
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