EU Backs Investment Plan With Pushback on Help for Hardest Hit
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European Union finance ministers agreed to press ahead with a proposed 315 billion-euro ($338 billion) investment plan, while reminding crisis-hit nations that it won’t offer them special assistance.
The investment fund, EU Commission President Jean-Claude Juncker’s flagship effort to jumpstart growth, won a green light from ministers at Tuesday’s meeting in Brussels. This paves the way for discussions with the European Parliament, as policy makers target a final deal by June.