Investment plan welcomed at summit
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At the summit in Brussels on 18 December, EU heads of state and government approved continued work on the Commission's investment plan. The aim of the plan is to promote jobs, growth and competitiveness in Europe. There was also a strategic discussion at the summit on the EU strategy regarding Russia and continued support to Ukraine. Sweden was represented by Prime Minister Stefan Löfven.
In brief, the package consists of three parts: the first part aims to mobilise funds for investments, the second part is an instrument to enable the investments to have an impact on the real economy and the third part is intended to improve the legal conditions for investments. The aim of the investment package is to promote growth and competitiveness without burdening the public finances of the Member States.
Prime Minister Löfven welcomed the initiative but pointed out that the investment plan in itself will not resolve the entire economic situation in Europe. He also stressed the importance of respecting the regulations of the stability and growth pact and implementing structural reforms at national and EU level.
Continued support for Ukraine
The heads of state and government also held a strategic discussion on relations with Russia in light of the Russian intervention in eastern Ukraine. They also expressed continued support for Ukraine and the country's right to territorial integrity and independence.
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