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Juncker reveals giant EU investment plan
http://www.x404.co.uk/forum/viewtopic.php?f=19&t=22955
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Author:  pcernie [ Wed Nov 26, 2014 2:28 pm ]
Post subject:  Juncker reveals giant EU investment plan

http://www.bbc.co.uk/news/world-europe-30205776

Author:  jonbwfc [ Wed Nov 26, 2014 2:45 pm ]
Post subject:  Re: Juncker reveals giant EU investment plan

I love the fact this is being announced as a '300 billion euro investment plan', when in fact it's a 12 billion euro investment plan with a 280 billion euro begging bowl attached to it.

Author:  l3v1ck [ Wed Nov 26, 2014 8:39 pm ]
Post subject:  Re: Juncker reveals giant EU investment plan

Doesn't the EU realise all EU countries are skint?
And as for private funding........

Author:  jonbwfc [ Wed Nov 26, 2014 10:30 pm ]
Post subject:  Re: Juncker reveals giant EU investment plan

It's worse than that, apparently they plan to guarantee the return on any private investment. It's PPI scaled up to the whole of Europe. Madness.

Author:  l3v1ck [ Thu Nov 27, 2014 9:14 am ]
Post subject:  Re: Juncker reveals giant EU investment plan

jonbwfc wrote:
It's PPI scaled up to the whole of Europe. Madness.

Quite literally.

Author:  hifidelity2 [ Thu Nov 27, 2014 9:20 am ]
Post subject:  Re: Juncker reveals giant EU investment plan

jonbwfc wrote:
It's worse than that, apparently they plan to guarantee the return on any private investment. It's PPI scaled up to the whole of Europe. Madness.

Invest in something - if it makes a profit you get to keep it, if it makes a loss the taxpayer bales you out

Hmm wonder if I can set up a co, pay myself an astronomical wage , have it fail and then get the EU to give me back my money

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