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Article: SPRING SUMMIT : EU LEADERS RATIFY RE-LAUNCH OF LISBON STRATEGY.

Article from:
Europe Environment
Article date:
March 29, 2006
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EU heads of state and government on 24 March only marginally adapted the detailed draft conclusions on the re-launch of the Lisbon Strategy.

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At French President Jacques Chirac'sarequest (who was in reality repeating one of Eurogroup Chairman Jean-Claude Juncker's ideas), the paragraph devoted to the support for innovation was extended. Whereas the original version of the text was limited to inviting the European Investment Bank (EIB) "to strengthen its action by way of a shared risk finance mechanism as soon as possible", the Council has requested nearly 30 billion in venture capital and guaranteed bank loans to be made available by ...

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