EU Economic Policy
(asked on 30th October 2014) - View Source
Question to the Foreign, Commonwealth & Development Office:
To ask Her Majesty’s Government whether at the European Council meeting on 23 and 24 October the Prime Minister agreed to the European Commission's new €300 billion investment package over 2015 to 2017, known as the Strategic Agenda for the Union in Times of Change, or whether he was outvoted.
This question was answered on 10th November 2014
The Strategic Agenda and the European Commission’s proposed €300billion investment package are different things. The Strategic Agenda for the Union in Times of Change, as agreed by EU Leaders in the June 2014 European Council, outlines five priorities to guide the EU over the next five years. These priorities are stronger economies with more jobs; societies enabled to empower and protect; a secure energy and climate future; a trusted area of fundamental freedoms and effective joint action in the world. The planned investment package is a proposed way to work towards the first of these priorities. Exact details of the package, including financing, are yet to be determined. The European Commission’s Task Force will report to the European Council in December about the next steps. The UK has a great deal of experience to share in this area by virtue of our National Infrastructure Plan and Guarantee Scheme.
The Strategic Agenda and the European Commission’s proposed €300billion investment package are different things. The Strategic Agenda for the Union in Times of Change, as agreed by EU Leaders in the June 2014 European Council, outlines five priorities to guide the EU over the next five years. These priorities are stronger economies with more jobs; societies enabled to empower and protect; a secure energy and climate future; a trusted area of fundamental freedoms and effective joint action in the world. The planned investment package is a proposed way to work towards the first of these priorities. Exact details of the package, including financing, are yet to be determined. The European Commission’s Task Force will report to the European Council in December about the next steps. The UK has a great deal of experience to share in this area by virtue of our National Infrastructure Plan and Guarantee Scheme.