MEPs  Dimitrios Papadimoulis, Vice-President of the European Parliament, Fabio De Masi, Marisa Matias and Liadh Ní Riada

Are holding a press conference:

The EFSI proposal and public-private partnerships: experiences and perspectives

 

 

Wednesday 25/03, 15:30, EP press room

With Stuart Holland, Professor at the University of Coimbra, co-author of the book “A Modest Proposal for Resolving the Eurozone Crisis, Version 4.0” with Yanis Varoufakis and James K. Galbraith

On the same day, GUE/NGL is organising a public hearing on viable alternatives to the the Juncker Plan. Austerity has curtailed public and private investment and hence Europe needs genuine public investment to kick-start the economy. A truly public investment programme of around 500bn euros yearly over ten years will largely pay for itself through economic recovery and possibly funded through a progressive tax regime and ECB/EIB financing. The Public-Private Partnership investment model of the European Fund for Strategic Investment (EFSI) is privatising public infrastructure and profits and socialising risks at the expense of taxpayers and falls short of a meaningful economic stimulus. Click here for programme.

Gianfranco Battistini

GUE/NGL press officer + 32 475 646628

[email protected]  @Gfbattistini