Arab Today, arab today eu faces investment gap of hundreds of billions of euros
Last Updated : GMT 16:20:10
Arab Today, arab today
Arab Today, arab today

EU faces investment gap of hundreds of billions of euros

Arab Today, arab today

Arab Today, arab today EU faces investment gap of hundreds of billions of euros

Euros
Brussels - XINHUA

The European Commission here on Friday said that Europe faced an investment gap of hundreds of billions of Euros, as the the upcoming Group of Seven (G7) meeting is to take place from June 7 to 8 in Germany.

According to a fact sheet released by the Commission, G7 leaders will assess progress on Financial Market Regulation, and on the road to a fair and modern tax system at the summit.

With the Investment Plan for Europe and the recently agreed European Fund for Strategic Investments (EFSI) at its core, public and private investments in the real economy of at least 315 billion euros (350 billion U.S. dollars) will be unlocked over the next three years, said the fact sheet.

According to the fact sheet, EU member states' finance ministers are expected to approve the Regulation to set up the EFSI at the meeting of the Economic and Financial Affairs Council on June 19. Afterward the European Parliament is expected to vote in plenary on the Regulation on June 24, allowing the EFSI to be operational by September as planned.

"The top priority of the EU is to get the European economy growing again; to increase the number of jobs without creating new debt, enhance public and private investment, as well as to ensure tax fairness and transparency and enable open and fair free trade," said the fact sheet.

On the global trade agenda, the fact sheet said that G7 leaders are expected to further commit to open markets and to fight protectionism, to contribute to the full implementation of the WTO Bali package, and to take stock of major ongoing bilateral trade negotiations. Discussions on how to better apply international social and environmental standards in global supply chains will also be on the agenda.

G7 is a group consisted of the United States, Canada, France, Germany, Italy, UK and Japan. The EU is also represented within the G7. The group used to be called G8 with Russia's participation. On March 2014, the group blamed Russia's role in the Crimean crisis and voted to suspend Russia's membership.

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 eu faces investment gap of hundreds of billions of euros Arab Today, arab today eu faces investment gap of hundreds of billions of euros

 



Arab Today, arab today
Arab Today, arab today Fadi explains secrets of  Nancy Ajram's newlook

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Tourist guide explains types of tourism

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars

GMT 12:06 2017 Sunday ,26 February

Britain banks on robots, AI to boost growth

GMT 12:00 2017 Sunday ,26 February

China to allow more IPOs to attract capital

GMT 06:31 2017 Sunday ,26 February

Consumer prices up in Canada

GMT 06:15 2017 Sunday ,26 February

Tsipras: Era of austerity is over

GMT 00:18 2017 Sunday ,26 February

How to make your money last as long as you do
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Ola Ghanem hopes to work with M.Ramadan

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
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