FinMin unveils Poland conditions for joining Juncker Fund
11:59
Mateusz Szczurek, Poland's Finance Minister, has revealed Poland conditions for joining European Fund for Strategic Investments (EFSI) during the debate on economic growth held by Alliance of Liberals and Democrats for Europe in Brussels.
“Poland has three demands with regard to EFSI. Firstly, we must be sure we are not alone, that there are other countries involved. Secondly, financial contribution must not be statistically counted as public finance deficit. Lastly, the importance of a country in the fund's board must be linked with the amount of money it contributes” - said Szczurek.
EFSI is the EU's flagship investment vehicle which has an objective to stimulate economic growth proposed by the European Commission President Jean-Claude Juncker. Between 2015-2017 the program will earmark €315 billion for investments in infrastructure, energy, transport and innovation among other sectors in order to boost flatlining EU economy.