EU has to enhance the investments as a share of GDP

BUSINESSEUROPE has sent a message to the EU institutions reacting to the EU Investment Plan proposal.

In its open letter addressed to the highest representatives of the EU institutions, the Confederation of European business stressed the necessity to enhance the investments as a share of GDP which is at the lowest level over the last twenty years. In the document, the BUSINESSEUROPE has identified the main obstacles to the long-term investment and has called for their removal.

At its session on 18th to 19th December, the European Council has invited the European Commission to establish a European Fund for Strategic Investments (EFSI) and mobilize new investments in the strategic spheres that will be complemented by other European Commission’s programmes as well as by traditional activities of the European Investment Bank (EIB).

The European Commission has been invited to present the new legislative proposals at the beginning of January 2015 so the new financial resources could be mobilized in the course of the first half of the next year.

The EIB should start the activities exploiting its own resources in January 2015 in accordance with the projects identified in the report of the Task Force for the EU Investment plan.

BUSINESSEUROPE message to the European Council

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