Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-05-Speech-4-154-500"

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"en.20120705.19.4-154-500"2
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"A modern and effective infrastructure is of key importance for achieving the Europe 2020 objectives of smart, sustainable and inclusive growth, as well as reducing unemployment, through the completion of the internal market. Investment needs in the field of transport, energy and information and communication technology (ICT) infrastructure in Europe are estimated at EUR 1.5 trillion for 2010-2020. Although a large part of this investment will be private, the truth is that a public component is still required, here achieved through project bonds. These are a debt instrument issued by private project companies, with the backing of an EU/European Investment Bank contribution, which will make the bonds safer and more attractive to capital market investors. This pilot phase is essential to test how the project bonds issue is received by the markets."@en1

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