France to commit 8 billion euros to Juncker investment plan

Reuters

Updated 6 March 2015 at 2:59 pm

PARIS (Reuters) - France will commit 8 billion euros (5.8 billion pounds) as part of European Commission President Jean-Claude Juncker's plan to boost growth, President Francois Hollande's office said.

The official confirmed a statement made earlier by Hollande in Luxembourg saying that the French Public Investment Bank and public investment institution the Caisse des depots would invest 8 billion euros.

Last year, Juncker unveiled a plan aimed at generating 315 billion euros of investment in European infrastructure projects.

(Reporting By Julien Ponthus; writing by John Irish; editing by Ralph Boulton)

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