Infrastructure project bonds: extracts from the vote and statement by Göran FÄRM (S&D, SE), rapporteur - Committee on Budgets
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Event date 31/05/2012
Duration 02:27
Reference 84215
Background Extracts from the vote in EP Committee on Budgets.

The EU supports the issuance of "project bonds" for EU infrastructure with €230 million in guarantees. MEPs and EU governments' outcome of negotiations allow, once the decission will be approved by the Plenary of the EP, to start the pilot phase after this summer, conceived to attract private investment in transport, energy and information technology network projects.

Up to €4.6 billion in private investment could be mobilised thanks to these loans and guarantees, in terms of an expected multiplier ratio of between 15 and 20. Final vote will be held in the plenary session in July.
Production format Pre-edited
Format 16:9
Copyright © European Union, 2012
Filename Iebs84215[Lo-VI].mp4
 
 
 
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