Xinhua, Brussels :
European Union (EU) official Tuesday elaborated 315-billion-euro (about 372 billion U.S. dollars) Investment Plan for Europe,saying it feasible and fast.
European Commission Vice-President responsible for Jobs, Growth, Investment and Competitiveness Jyrki Katainen delivered a speech in a thinktank, saying the Commission will present Tuesday the legal proposal that will form the legal basis of the first two pillars of Investment Plan for Europe.
Katainen noted that the Plan has been criticised from different corners and angles, from a huge backdoor to small size.
“I noticed that some of the criticism to the Plan was based on rumours, incorrect interpretations and on what was done in the past,” he said.
European Union (EU) official Tuesday elaborated 315-billion-euro (about 372 billion U.S. dollars) Investment Plan for Europe,saying it feasible and fast.
European Commission Vice-President responsible for Jobs, Growth, Investment and Competitiveness Jyrki Katainen delivered a speech in a thinktank, saying the Commission will present Tuesday the legal proposal that will form the legal basis of the first two pillars of Investment Plan for Europe.
Katainen noted that the Plan has been criticised from different corners and angles, from a huge backdoor to small size.
“I noticed that some of the criticism to the Plan was based on rumours, incorrect interpretations and on what was done in the past,” he said.
