The European economy is now entering its fourth year of recovery and growth continues at a moderate rate, driven mainly by consumption. In the near term, I expect investment to gradually pick up as well, as demand increases, as businesses put their machinery back to work, and as profits increase thanks to lower energy prices and cheap credit.
The Investment Plan for Europe will also start to have a positive impact on public and private investment. Given these favourable conditions, it is all the more important that our regulation, be it European or national, will not hinder the pick-up in investment. We need to continue removing regulatory barriers.
EU action to bring down barriers
The Investment Plan is working: we have set-up EF…
Read the full article at: http://europa.eu/rapid/press-release_SPEECH-16-1294_en.htm?locale=en