Juncker’s EU Investment Plan and the European Fund for Strategic Investment (EFSI): EAPN briefing
27/07/2015 – EAPN has released its briefing on Juncker’s EU Investment Plan and the European Fund for Strategic Investment (EFSI). As a consequence of the economic crisis, the level of investment in the EU has dropped significantly since its peak in 2007, by about 15%. The former Barroso Commission had been characterized by the austerity era, where fiscal consolidation has been over prioritized at the expense of investments, including social investment. Although the current Juncker Commission is composed by the same political coalition, the urgency of a response in terms of investment to the consequences of the economic and financial crisis seems to have become more prominent.
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