On Tuesday, the European Commission published its proposals for a hefty investment package for the continent.
Now comes the tricky bit of getting sufficient private and public money
to turn the fund’s €21 billion capital base into the promised €315
billion in new investments – and deciding what to spend it on.
High up on the European Union’s wishlist is new broadband
infrastructure and Commissioner for the Digital Economy Günther
Oettinger isn’t wasting any time. On Friday morning he will host, at
short notice, a roundtable* meeting on how to get Europe building (more)
super-fast Internet. Various senior executives from telecommunications
companies will attend, along with representatives from trade
associations, the cable industry, banks and potential investors.
An EU official confirmed that the meeting is taking place, following talks Tuesday with representatives of public authorities.
read full article at WSJ
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