The Traderszone Network

Published in TZ Latest News 14 September, 2014 by The TZ Newswire Staff

Show us the money: EU seeks billions of euros to revive economy

The European Union sought ways on Saturday to marshal billions of euros into its sluggish economy without getting deeper into debt, considering options from a pan-European capital market to a huge investment fund. With Europe’s economy struggling to recover from the worst financial crisis in a generation, EU finance ministers tasked the European Commission, the EU executive, and the European Investment Bank (EIB) to draw up a list of projects that would create growth and decide how to finance them.