EPP summit puts economic growth at the top of the agenda




17 Nov 2014


Brussels, Belgium



Edited Package
Laura off
EPP parliamentary leaders in the Member States, EPP Group MEPS and EU Commissioners exchanged views in Brussels on how to pave the way to sustainable recovery.

Esther De Lange, the Dutch MEP responsible for the Group's relations with national EPP parliamentary Groups underlined that the European and National parliaments will need to work hand in hand to deliver growth and jobs.

Laura off The Chairmen of the national EPP parliamentary Groups expressed their concern about the situation on the labour market, and underlined that creating employment opportunities and addressing youth unemployment is important at both the national and the European Level. They expressed their hope that the 300-billion-euro investment plan to boost growth and jobs will be presented shortly by the Commission. Valdis Dombrovskis, European Commission Vice-President for the Euro and Social Dialogue had the following to say in an interview with EPPTV.

Valdis Dombrovskis 0.47-1.15. We are preparing a 300 billion euro investment plan to unlock both public and private investment and we are going to present this plan already during these months and to start implementing it immediately. This is also one important component to ensure sustainable economic growth in the EU so we think it has to be implemented without delays. Jyrki Katainen, European Commission Vice-President for Jobs, Growth, Investment and Competitiveness, explained why the plan is vital.

Jyrki Katainen 1.33 -1.52 It is very crucial because growth is necessary in order to get more jobs for people. I believe in job. I believe in working. Working it is not only earning money it is the way that everybody can create their own future. So work is a primary value for me.

The 300 billion euro programme, to be deployed over three years, is the first initiative of the new European Commission. Its president, Jean- Claude Juncker, has not yet revealed the exact plan for the new funds, but the idea is to use public money to encourage larger private funds to invest in projects that would otherwise seem too risky. The aim of the plan is to guarantee investment and ensure sustainable economic growth, which is what the EU needs now.EPP summit puts economic growth at the top of the agenda

Speaking at their 21st Summit, the Chairmen of EPP Parliamentary Groups in National Parliaments and in the European Parliament debated how to reinforce economic growth and how the Commission's 300 billion Euro plan for investment can boost the economy Growth, Jobs.
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  • Ioannis Zografos
    EPP TV Managing Producer
    +32(0) 2 284 18 45