The European Commission has recently announced an investment plan of 315 billion euro to boost economic growth and tackle the problem of unemployment, with particular reference to youth.
The new plan is divided into three main areas:
the creation of a new European Investment Fund strategic (FEIS), guaranteed by public funds, to mobilize no less than 315 billion Euros of additional investment over the next three years (2015-2017);
the creation of a project pipeline credible accompanied by an assistance program to channel investment to where they are most needed;
an ambitious roadmap for making Europe more attractive for investment and eliminate bottlenecks regulations.
According to estimates of the EU Commission proposed measures could add between 330 to 410 billion Euros to EU GDP over the next three years and create up to 1.3 million new jobs.