Manon Malhère contributed to this article
At the European Council on 18-19 December, the heads of state and government should endorse Commission President Jean-Claude Juncker’s investment plan, which is based on a European Fund for Strategic Investments (EFSI) of more than €300 billion, to be managed by the European Investment Bank (EIB). However, the member states are showing reluctance to stump up for contributions to this fund.
The Commission has proposed that the EFSI should be funded using money from…