Juncker’s investment plan gets lukewarm reception at AEIP event

first_imgInvestment experts at a meeting organised by the European Association of Paritarian Institutions (AEIP) in Brussels have criticised the EU’s so-called Juncker plan, which they said would be of less use to pension funds than originally hoped.Speakers at the event – entitled ‘Long-term Investment and the Juncker Plan: Which Roles for Pension Funds, Social Insurers & Other Institutional Investors?’ – pointed to the shortage of suitable projects in EU president Jean-Claude Juncker’s €315bn investment plan.Dominique de Crayencour, secretary-general of the European Long-Term Investors Association, said there was plenty of money available for investment but not enough outlets.  On the much-vaunted cross-border infrastructure development theme, he argued that “difficulties” were not fund-related but rather down the fact different countries too often failed to agree on a particular need. And negotiations, he added, could take years.What could help institutional investors, he suggested, was the establishment of a “pipeline” of suitable projects.This could, for example, include small-scale energy-efficiency projects.De Crayencour said this could make these projects more attractive for investors, as local authorities “do not have a clue” about the financial packaging of such deals.Meanwhile, Michael Smyth, a member of the European Economic and Social Committee (EESC), said the European Commission – which “can’t afford a failure at the present stage” – was taking a big risk with the Juncker plan.Smyth drew a parallel with the the Stability and Growth Pact (SGP), going back a decade or so.“Does anyone remember [that]?” he asked.The EESC recently published a draft “opinion” on the EU Investment Plan, as well as on the European Fund for Strategic Investments.While the opinion welcomed the Plan as “as step into the right direction”, it also questioned whether a “pipeline of projects can be developed that offer returns that attract institutional investors”.On the topic of shortage of good projects, Bruno Gabellieri, the AEIP’s secretary-general and chair for the meeting, argued that the European Commission’s approach had been “top down” and that a more “bottom-up” approach was needed.   Further criticism of the EU policy came from James Watson, director of Business Europe, who raised the question of “additionality” related to the Juncker plan.His point was that projects earmarked in the plan could well have attained the funding required anyway.Not all speakers, however, took the critical line. Renato Guerriero, vice-president at the AEIP, listed points in favour of pension funds investing in infrastructure projects, citing employment and growth.He also pointed to growing pressure for more of this type of investment, in line with Northern Europe, Canada and Australia.Guerriero suggested that, where large infrastructure projects were concerned, small funds could join together in order to get involved.last_img read more

Roma test oxygen and temperature

first_img The training will resume in earnest tomorrow, although in the absence of a medical protocol agreed with the FIGC and Government, they are currently only running around the pitches. “We have worked closely with experts from the Biomedical Campus, to have as much information as possible available to us about how to try to prevent any spread of Covid-19, and to understand how to implement those measures at our training centre,” Chief Global Sporting Officer Manolo Zubiria told the club website. “As a result we have worked on a precisely detailed protocol, one that has also been approved by Regione Lazio, the local authority. “There are three stations set up to measure the temperature and oxygen levels of anyone entering the complex, with one station dedicated exclusively for the use of players and coaching staff. Over the last couple of days we have begun with some medical assessments, without having any of the players come into contact with each other.” Players are split into small groups, which will alternate in three shifts, leaving only four players on each training pitch. “There will be more than 10 metres between each of the players. In terms of the workload, it will predominantly be athletic work, with some ball-work to regain a feel for the game. Staff on the pitches will all wear masks. “The players will arrive wearing masks, which they will keep on up until the start of the training session. They will have their temperature measured, oxygen levels recorded via pulse oximetry and then will also complete a Covid-19 specific health questionnaire. “They will then go to their individual rooms, where they will be able to change and then head directly to the training pitch – because the dressing rooms and other common areas will be kept closed. “Pitchside the players will find their boots, along with all the fluids they will need throughout the session. At the end of training, they will leave the pitch one at a time and return to their rooms – where they will be able to take a shower and leave all the materials they have used during the course of the training session in a bag that they will have to seal up.” read also:Roma: ‘Ban on training incomprehensible’ If a player arrives at Trigoria and his temperature is elevated, he’ll be put in an isolation room and checked again. “Our physiotherapists will all have to wear one-use protective equipment; including masks, gloves and protective eyewear. All of them will work in a well-ventilated space, and we will never have two physiotherapists working at the same time in the same area.” FacebookTwitterWhatsAppEmail分享 Loading… Roma outlined the extent of the precautions they are taking to protect players and staff from COVID-19 after their return to work, including temperature and oxygen checks at the door. Promoted ContentMesmerizing Wedding Looks From Different Countries7 Universities Where Getting An Education Costs A Hefty Penny5 Of The World’s Most Unique Theme Parks7 Of The Wealthiest Universities In The WorldWhy Do So Many Digital Assistants Have Feminine Names & Voices?7 Ways To Understand Your Girlfriend BetterCouples Who Celebrated Their Union In A Unique, Unforgettable WayBest Car Manufacturers In The WorldA Guy Turns Gray Walls And Simple Bricks Into Works Of ArtWho Is The Most Powerful Woman On Earth?7 Black Hole Facts That Will Change Your View Of The UniverseCan You Recognize These Cute Celeb Baby Faces?last_img read more