An Investment Plan for Europe: joining forces

February 11, 2015

Pgm2014 2020: Yes

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Shortly after starting its 2014-2019 mandate the European Commission proposed a new Investment Plan for Europe. President Juncker considered it a top priority to strengthen Europe’s competitiveness and to stimulate investment for the purpose of job creation.

Backbone of the Investment Plan is a joint strategy of the Commission and the European Investment Bank to mobilise 315 billion euro for additional investments. The Investment Plan explicitly mentions the role regional authorities should play, not only in identifying, supporting or managing the investment projects, but also in the two other strands of the Plan: making finance reach the real economy and improving the investment environment.

On 15 April 2015 the Committee of the Regions (CoR) will bring together EU policy makers and regional and local representatives to assess the Investment Plan from a local perspective. Political leaders and investment experts will discuss three main questions:
_ Is the Investment Plan for Europe an answer to the needs at local and regional level?
_ What is its potential to support growth and jobs in Europe’s regions and cities?
_ What role can regions and cities play in the roll-out of the Investment Plan in the three main strands (mobilisation of investments, managing the project pipeline and improving the investment environment)?
_ How to guarantee and improve the own investment capacity of regional and local authorities in times of austerity? (in follow-up of the CoR high-level conferences on subnational finances in 2013 and 2014)

A preliminary conference programme and online registration form will be available by mid-February.