Uncertainty is the new normal for us all. Maithreyi Seetharaman spoke with the European Commission’s vice president in charge of investments, and the commissioner of regional affairs, to talk about one way they suggest Europe can help create jobs by giving confidence to risk averse investors.
The plan? To get risky projects that need money to combine grants given by the European structural and investment funds (ESI Funds) with loans from the European Fund for Strategic Investments (EFSI).
The idea? That as the EU is taking on more risk, the projects it is backing are also worth the private sector’s money.
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