The European Union has drawn up a wish list of almost 2,000
projects worth 1.3 trillion euros ($1.59 trillion) for possible
inclusion in an investment plan to revive growth and jobs without adding
to countries' debts.
Investment has been a casualty of the financial crisis in Europe, tumbling around 20 percent in the euro zone since 2008, according to the European Central Bank.
Following a call by European Commission President Jean-Claude Juncker, EU governments have submitted projects ranging from a new airport terminal in Helsinki to flood defenses in Britain, according to a document seen by Reuters.
"Almost 2,000 projects were identified with a total investment cost of 1,300 billion euros of which 500 billion are to be realized within the next three years,'' said the document, to be discussed by EU finance ministers on Tuesday.
Read more: EU selects projects worth 1.3 trillion-euro to revive economy and jobs
Investment has been a casualty of the financial crisis in Europe, tumbling around 20 percent in the euro zone since 2008, according to the European Central Bank.
Following a call by European Commission President Jean-Claude Juncker, EU governments have submitted projects ranging from a new airport terminal in Helsinki to flood defenses in Britain, according to a document seen by Reuters.
"Almost 2,000 projects were identified with a total investment cost of 1,300 billion euros of which 500 billion are to be realized within the next three years,'' said the document, to be discussed by EU finance ministers on Tuesday.
Read more: EU selects projects worth 1.3 trillion-euro to revive economy and jobs
