Finance ministers have agreed their position on the EU’s flagship investment fund at a meeting in Brussels on Tuesday (10 March).
The fund is based on a €16 billion in guarantees from the EU budget and €5 billion from the European Investment Bank which the EU executive believes can generate a total of €315 billion over the next three years.
Despite the misgivings of several ministers, including the Dutch and German governments, ministers have agreed to set up a steering board to ...
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