But neither has Tin City moved with the times. Latest Key Figures. Salvatore Iacolino PPE. European citizens have the right to expect that from us. I am very pleased that elements I have long been advocating at EU level are now becoming reality, namely: boosting the lending capacity of the European Investment Bank — you will remember, when I mentioned this here in the State of the Union address in September last year, Member States opposed this, but now they have agreed; launching the first phase of project bonds — this Commission proposal that was initially received with great scepticism has now been approved; and redirecting a certain amount of Structural Funds towards supporting in particular SMEs and young unemployed people.
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