(ANSA) - Brussels, December 18 - Italian businesses are
enduring a "credit crunch" where they have no shortage of
business ideas but cannot find funding, Martin Schulz, president
of the European Parliament, said Thursday.
For this reason, the proposed investment plan from
Jean-Claude Juncker worth 300 billion euros could be helpful,
but must be "neutral" with each member State contributing to
plan, he added.
"The best answer is that Italy puts on the table the money
for the investment fund," said Schulz.
"The neutrality of the contributions is the key to the
success of the plan," he added.
Schulz says Juncker plan needs contributions for all States
Italy must contribute to EC plan, says parliament president