1 November 2014

New EU Executive Has Taken Office

Today, the new European Commission presided by Jean-Claude Juncker has started its five-year mandate. The EU is plagued by sluggish growth and high unemployment. Hence, Juncker’s top priority: a €300 billion investment program to spur growth and create jobs. Yet France and Germany, the two biggest economies of the European bloc, are not aligned: France wants more public spending, Germany less. 

Copyright © GSJ & Author(s)