BN 11/07 11:05 *EU WELCOMES GERMAN MOVE ON INVESTMENT
German Extra EU10 Bln Enhances Prospects for Investment Plan: EU
2014-11-07 12:00:55.360 GMT
By Jones Hayden
Nov. 7 (Bloomberg) -- Germany’s proposed extra investment
spending of EU10 bln “enhances the prospects of getting right
the EU300 bln investment plan that we are now in the process of
preparing,” says Margaritis Schinas, spokesman for the European
Commission.
* Germany’s move “generates the potential to leverage further
private investment,” Schinas tells reporters in Brussels
* “This is good news. This shows that the ball is rolling.
And we welcome it,” Schinas says
* NOTE: Nov. 6: Merkel Offers 10 Billion-Euro Spending Boost
to Counter Critics {NSN NEMJJU6K50XT <Go>}
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jhayden1@bloomberg.net
2014-11-07 12:00:55.360 GMT
By Jones Hayden
Nov. 7 (Bloomberg) -- Germany’s proposed extra investment
spending of EU10 bln “enhances the prospects of getting right
the EU300 bln investment plan that we are now in the process of
preparing,” says Margaritis Schinas, spokesman for the European
Commission.
* Germany’s move “generates the potential to leverage further
private investment,” Schinas tells reporters in Brussels
* “This is good news. This shows that the ball is rolling.
And we welcome it,” Schinas says
* NOTE: Nov. 6: Merkel Offers 10 Billion-Euro Spending Boost
to Counter Critics {NSN NEMJJU6K50XT <Go>}
Link to Company News:{0629846D BB <Equity> CN <GO>}
Link to Company News:{2539Z GR <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST <GO>}
First Word newswire: {NH BFW <GO>}
To contact the editor responsible for this story:
Jones Hayden at +32-2-285-4312 or
jhayden1@bloomberg.net