New EU Commission chief Jean-Claude Juncker unveiled Wednesday an eagerly awaited 315-billion-euro investment plan to "kickstart" the economy, saying it would show the world that Europe was back in business after years of crisis. Juncker said the proposal, which must be approved by European leaders at a summit in December, would mix an investment fund with a scheme to match new projects with private money. "Europe needs a kickstart and today the commission is providing the jump cable," Juncker told the European Parliament in Strasbourg, France.
TRIPOLI, Lebanon (AP) — Jamal Hayak is finally fixing up his restaurant, damaged a month ago in clashes between the army and militants in this northern Lebanese city. But he has little doubt violence will erupt again, and he says he fears next time it will be Islamic State group fighters battling in Tripoli's streets.
BRUSSELS (AP) — Jean-Claude Juncker, the president of the European Union's executive branch, is proposing a 315-billion euro ($380 billion) investment plan to boost the bloc's flagging economy with some 21 billion coming from EU institutions.