Ireland targets €321bn EU plan

Projects worth €321 billion, creating more than a million new jobs over the next three years, are to be unleashed through a joint European Commission, European Investment Bank plan in a bid to kickstart the EU’s sluggish economy.

Ireland is putting together a raft of shovel-ready projects they hope will be accepted for funding from the special programme.

The Government has indicated that transport, water, renewable energies, together with construction projects are top of the agenda for fresh funding.