€5.5 billion for sustainable growth in Spain – European Commission

European flag outside the Commission

European flag outside the Commission (Photo credit: Wikipedia)

This is an interesting read from the European Commission.  Check it out!

via €5.5 billion for sustainable growth in Spain – European Commission.

Whilst I am delighted to see the European Commission investing €5.5 billion in Spain,  I’m not convinced of the wisdom of targeting sustainable growth. This seems a bit like chasing the holy grail?

Surely, there are more strategic programs that would reduce dependency on imported energy or would generate additional jobs for young people?

It looks to me like environmental considerations are given priority over economic growth and strategic considerations? Also why is Spain given priority over other countries?

For example, what about a gas pipeline linking the East Mediterranean gas fields in Israel and Cyprus to the European mainland in Greece?


One response

  1. Dr Alf,s question is pertinent but in the scheme of things the size of the Greek bailout makes this sum of 5.5 billion Euros for Spain pale into insignificance.
    Overall he is right to point out that the EU seems hellbent on bogus environmental measures which create de industrialisation and destroy jobs.
    To understand why we have to look at papers prepared by the Club of Rome and Bilderbergers like Aurelio Pecci and Etienne Davignon and the pronouncements of people like Prince Charles ,another Bilderberger attendee who believes in environmentalism for others and freedom to consume all the energy he wants at taxpayers expense on the other.

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