European Council seeks growth through investments
The European Council convened in Brussels on 18 December. The main theme of the meeting was the Commission's investment plan with the aim of creating economic growth and attracting private investments.
"The investment plan is an important initiative towards a more effective use of EU funds in support of economic growth. It is essential to attract private investments in Europe as, in the current economic situation, it is not possible to use traditional ways of stimulating the economy. The investment projects must be selected on the basis of their economic profitability and effective use of funding, not on the basis of regional policy objectives," says Prime Minister Alexander Stubb.