By Eva Weiler | IDN-InDepth NewsReport
BERLIN (IDN) – The German Confederation of Trade Unions (DGB) has tabled a 260 billion Marshall Plan for Europe aimed at providing a decisive impetus for qualitative growth as well as new jobs with a future in all 27 European Union (EU) countries for a 10-year period from 2013 to 2022.
The proposed investments and investment subsidies of €260 billion annually comprise direct investment and investment grants of €160 billion and ten-year low-interest loans of €100 billion to private investors.