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EU mulls ‘Marshall plan’ for Europe

EU mulls ‘Marshall plan’ for Europe
# 30 April 2012 10:50 (UTC +04:00)
According to leading Spanish newspaper, El País, the plan aims to raise funds valued at €200 billion for investments in infrastructure, renewable energies and advanced technologies with the involvement of the private sector, in a bid to kick-start economic growth without raising public debt in the 27 member states.

The plan, which takes into consideration ideas of the French Socialist front-runner François Hollande, namely leveraging the European Investment Bank to boost growth and jobs, will be presented after the French elections.
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