Introduction
Emanuele Rossi and
Rok Stepic
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Emanuele Rossi: University of Milan-Bicocca
Rok Stepic: UniCredit Bank
A chapter in Infrastructure Project Finance and Project Bonds in Europe, 2015, pp 1-6 from Palgrave Macmillan
Abstract:
Abstracts Stagnant growth and a decline in infrastructure spending have been major causes of concern in Europe, and different policy measures to address these problems have been taken. The new EU Commission EUR 315 billion Infrastructure Investment Plan for 2015–17 (launched at the end of 2014) and the European Central Bank launch (in January of 2015) of quantitative easing accommodative monetary policy are the latest two initiatives that could have a strong impact on the European infrastructure market. The consequences can be far reaching on the project finance arena. A significant one could be helping to close the market gap existing between the demand and supply of capital at the project bond market level.
Keywords: Institutional Investor; Infrastructure Project; Asset Class; Quantitative Ease; Subordinate Debt (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-52404-1_1
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DOI: 10.1057/9781137524041_1
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