Poland’s $8.7bn in Juncker plan
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BRUSSELS: Poland will commit $8.7bn as part of European Commission President Jean-Claude Juncker’s plan to boost economic growth, the EU said on Tuesday.
The EU’s proposed 315bn euro investment plan is a key project for Juncker.
The plan is intended to spur growth in Europe through an elaborate scheme involving the European Investment Bank and funds from the EU’s budget so that it does not further strain national coffers.
The commitment from Poland — France, Italy, Germany, Luxembourg and Spain — is a bittersweet success for the Commission.
Published in Dawn, April 22nd, 2015
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