European Council agrees on €5 billion project bonds
Annemarie Botzki
4 July 2012 | 15:51 GMT
In an attempt to stabilise the markets and to stimulate growth in Europe, last week’s European Council decided on a compact for growth and jobs that will mobilise €120 billion ($150.75) — equivalent to around 1% of the EU’s gross national income — for immediate investments.
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European Council agrees on €5 billion project bonds
In an attempt to stabilise the markets and to stimulate growth in Europe, last week’s European Council decided on a compact for growth and jobs that will mobilise €120 billion ($150.75) — equivalent to around 1% of the EU’s gross national income — for immediate investments.