UPDATE 6: Juncker on the investment offensive ... against Europeans, the economy and the environment

Labelled the €1.3 trillion investment offensive, more than 2000 projects have been identified by the European Commission’s new Task Force on Investment (made up of representatives of the EC, EIB and member states) for fast-tracked financing from President Juncker’s recently announced €315 billion stimulus plan. But far from being a series of economically credible, environmentally sound and shovel-ready projects, the list reads more like a fantasy of some Member States eager to promote projects that would otherwise never see the light of day, for a variety of financial, legal and environmental constraints.
http://bankwatch.org/news-media/blog/juncker-investment-offensive-against-europeans-economy-and-environment