Socialists, Liberals bicker over Juncker’s multi-billion investment plan

(EurActiv, 20 Nov 2014) As European Commission President Jean-Claude Juncker prepares to unveil a €300 billion plan to boost investment in the Union, the liberal ALDE and the Socialists in Parliament tabled alternative proposals, stoking controversy amongst themselves.

The Commission President is expected to present his €300 billion plan to parliament next week and submit it to EU leaders for approval at a summit on 18-19 December.

Juncker announced his €300 billion plan to boost investment in the EU on 15 July, the day when MEPs voted to confirm him as Commission President.

Ever since, the Socialists and the ALDE have kept reminding him that their support for the new Commission hinges upon delivering on this promise.

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EurActiv, 20 Nov 2014: Socialists, Liberals bicker over Juncker’s multi-billion investment plan