EU to test new growth-stimulating programme

Note: This section contains information in English only.
Source: Marketwatch
The EU has agreed on pilot program worth 230 million Euros aimed at boosting economic expansion in the region without increasing the level of debt of the member states. The program, called project bonds, was approved by 27 member states. It provides easier capital access for companies that are engaged in multinational infrastructure projects. This is a significant incentive that is likely to contribute to economic strength of the region, said Olli Rehn, EU commissioner for economic and monetary affairs.


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