Abstract
While monetary policy is close to the limits of what it can achieve, consensus on a more active fiscal policy is still lacking. Indeed, on the political front, Europe stands at something of a political crossroads, facing growing social, economic and political challenges. Efforts are now focused on pragmatically advancing on key common priorities. The urgency and ambition with which this co-operation proceeds will be critical to success.
Similar content being viewed by others
Author information
Authors and Affiliations
Corresponding author
Additional information
This paper largely relies on the publication European Investment Bank: Investment and Investment Finance in Europe: Financing Productivity Growth, 2016, available at http://www.eib.org/about/economic-research/eib-investment-report.htm.
Rights and permissions
About this article
Cite this article
Revoltella, D. EU Challenges, Investment in the EU and the Role of the European Investment Group. Intereconomics 51, 331–334 (2016). https://doi.org/10.1007/s10272-016-0630-y
Published:
Issue Date:
DOI: https://doi.org/10.1007/s10272-016-0630-y