Arab Today, arab today eus juncker pledges investment package by yearend
Last Updated : GMT 18:35:19
Arab Today, arab today
Arab Today, arab today

Fragile eurozone economy set for triple-dip recession

EU's Juncker pledges investment package by year-end

Arab Today, arab today

Arab Today, arab today EU's Juncker pledges investment package by year-end

European Commission President Jean-Claude Juncker
Brussels - Arab Today

The EU's incoming chief Jean-Claude Juncker vowed on Wednesday to unveil a huge growth investment package before Christmas but also promised to enforce budget rules as lawmakers prepared to vote on his new team.
"Let's get Europe moving again," Juncker told lawmakers as the world watched for signs of how the European Commission, which will oversee the bloc for the next five years, would stop the continent sliding back into recession.
In his keynote address to the European Parliament before it voted on whether to approve the 28-member commission, future Commission President Juncker called on legislators to back his 300-billion-euro ($380-billion) investment package to boost the economy and create employment.
"If you give us your support today, we will present the jobs, growth and investment package before Christmas," Juncker said.
"To those who think excessive austerity will automatically revive growth and create more jobs, they should drop those ideas."
World markets plunged last week on concerns that the fragile eurozone economy was set for a triple-dip recession.
The European Union is riven by a fierce debate between Germany and its allies which want more austerity to tackle national deficits, and those such as France which want to spend their way back into economic health.
Juncker, the former prime minister of Luxembourg, promised to be "tough when we need to be tough", with one of his commission's first tasks likely to be dealing with France over its budget deficit.
Last week, France presented a spending plan with a deficit -- the shortfall between revenue and spending -- of 4.3 percent of output, far above the 3.0-percent ceiling set by the European Union for member states.
Juncker said that he would take a careful look at a controversial yet central element of a proposed giant EU-US free-trade deal which would enable corporations to sue governments.
Juncker also said the EU had to do more to tackle issues such as the Ebola virus outbreak ravaging west Africa, the threat of the Islamic State militant group in Iraq and Syria, and the wave of migration from the Mediterranean.
"We only reacted when the Ebola problem arrived on EU shores. We should have acted much sooner," he said.
Referring to the self-styled Islamic State group, he said it was an "enemy of EU values."
Juncker however made no mention of the crisis in Ukraine, which has raised tensions with Russia.
Source: AFP

arabstoday
arabstoday

GMT 13:23 2017 Monday ,25 September

ABB to acquire GE Industrial Solutions

GMT 10:32 2017 Monday ,25 September

China rust belt opens door wider to foreign investors

GMT 15:23 2017 Sunday ,24 September

Saudi Arabia to include low-cost Flyadeal

GMT 08:17 2017 Sunday ,24 September

Brexit weighs heavy at Irish farming fair

GMT 08:07 2017 Sunday ,24 September

Petrol prices pumped up in Pyongyang

GMT 08:45 2017 Saturday ,23 September

Russia keen on more OPEC cooperation
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eus juncker pledges investment package by yearend Arab Today, arab today eus juncker pledges investment package by yearend

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eus juncker pledges investment package by yearend Arab Today, arab today eus juncker pledges investment package by yearend

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Sheraton Grand Hotel reveals its deals

GMT 12:20 2017 Monday ,25 September

Sheraton Grand Hotel reveals its deals
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Iraq Kurds in historic independence vote

GMT 15:20 2017 Monday ,25 September

Iraq Kurds in historic independence vote
Arab Today, arab today North Korea 'more opaque'

GMT 10:50 2017 Sunday ,24 September

North Korea 'more opaque'
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Conditions growing dire    

GMT 09:22 2017 Monday ,25 September

Conditions growing dire    
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Psychologists help Mexico deal

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 12:02 2017 Sunday ,24 September

Harry visits mental health hospital

GMT 11:11 2017 Sunday ,24 September

The dark side of new tourism hope

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday