Bulgaria PM Expresses Support for Juncker's Investment Plan

Bulgaria PM Expresses Support for Juncker's Investment Plan

The Prime Minister Boyko Borisov expressed Bulgaria's support for the investment plan unveiled last week by European Commission President Jean-Claude Juncker.
Borisov announced this at the beginning of today's extraordinary meeting of the Council of Ministers, electronic daily Dnevnik reports.
The Prime Minister informed the Ministers of his talks with Vice President of the European Commission and Commissioner for Budget and Human Resources Kristalina Georgieva.
The Prime Minister explained that Juncker's plan represented a package of measures for unlocking public and private investments in the real economy in the 2015-2017 period, to the value of 315 billion euros.
It is expected that up to 1.3 million work places will be created on the territory of the European Union.
Borisov added that the plan lied on three main strands: establishment of a special European Fund for Strategic Investments; creation of a system for identification and launch of vital and necessary EU projects in the areas of infrastructure, energetics, energy efficiency, education, innovations, technologies, transport; and the design of a roadmap for removal of sector-specific requirements and regulations inhibiting investments.

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