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The European Investment Bank is increasingly being looked at as a potential saviour of the EU economy (Photo: incurable_hippie)

Analysis

Europe's 'last chance' investment scheme depends on pension funds

During his successful campaign for the European Commission presidency, Jean-Claude Juncker described his flagship plans for a €300 billion investment programme as ‘Europe’s last chance’.

Despite disappointment in some quarters about the lack of any ‘new’ money or extra public investment, the ambitious scheme outlined on Wednesday (26 November) by the new Commission chief received a cautious welcome from most politicians and business groups.

Nobody wants the scheme to fail, and th...

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The European Investment Bank is increasingly being looked at as a potential saviour of the EU economy (Photo: incurable_hippie)

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