Government of the Republic of Serbia
On 26 November the European Commission presented an investment plan consisting of over EUR 300 billion, aimed to return Europe to the path of growth, and its citizens to work. The plan envisages starting a new strategic investment fund that will invest “where it is most necessary” during the coming three years, in the sectors of infrastructure, energy, education, innovation, as well as small and medium enterprises. The measures from the investment plan are expected to increase EU GDP by EUR 300-400 billion during three years, along with over a million new workplaces. Experts and officials say that there is money in Europe, but private investors, who do not invest due to the crisis of trust, need to be “connected” to attractive projects.
The plan is based on three key points, with the first one in regards to initiating a new fund – the European Fund for Strategic Investments (EFSI) with at least EUR 315 billion for investments during the coming three years, between 2015 and 2017. The second point of the plan involves establishing a credible “network” project the funds will move through, with an assistance programme intended for directing the investments where they are most needed. The third point is in regards to drafting an ambitious roadmap that will contribute to Europe becoming more attractive for investments due to removing regulatory bottlenecks.
According to Commission assessments, the proposed measures in their entirety could contribute to the gross domestic product (GDP) of the European Union with EUR 330-410 billion during the coming three years and help open 1.3 million workplaces.
Source: EurActiv.rs
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