| Author (Corporate) | European Parliament |
|---|---|
| Series Title | Press Release |
| Series Details | 20.04.15 |
| Publication Date | 20/04/2015 |
| Content Type | News |
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A joint meeting of the Budgets and Economic and Monetary Affairs committees of the European Parliament approved on 19 April 2015 a negotiating brief on the 'Juncker' plan for a European Fund for Strategic Investments (EFSI) to guarantee growth and job-creating investment However, their members contested plans to feed the fund from the EU research and transport investment budgets, and called for more parliamentary control over its leadership and goals. It was also reported that there would be no €5 billion energy efficiency fund in the Junker Investment Plan, following a last-minute agreement between S&D and the EPP on this matter. The fund had previously backed on the ITRE committee by a single vote. The committees approved a mandate to start negotiations with the Council of the European Union. Negotiations were to start on 23 April 2015, with the aim of establishing a compromise to be voted by the European Parliament as a whole in June 2015, so as to have the fund up and running by mid-2015, in line with the European Commission's plan. |
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| Source Link | Link to Main Source http://www.europarl.europa.eu/news/en/news-room/content/20150420IPR42732/ |
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| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Europe |
