Juncker threatens to withdraw his financial plan if the European Parliament obstructs it

The Juncker’s plan to relaunch European economy with 315,000 million is at risk. This plan is supposed to be financed by Member States and EU funds. But last week, the European Parliament ruled out the possibility that part of the money could come from funds already available for transport infrastructures, industrial policy and R&D projects, jeopardizing the entire plan. According to Spanish newspaper El Pais, the President of the European Commission threatened the MEPs to withdraw if the EU Parliament doesn’t change its position. (El Pais)