Comment Neelie (Kroes)

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Comment Neelie
[...] We would competitively engage new players — like non-telecoms utility companies, or construction firms. Where projects were profitable, public funds could be recuperated and reinvested. And, by giving projects credibility and lowering risk profiles, we could leverage other private and public money. Indeed each euro invested in broadband by such innovative financing could leverage gross private investment of between 6 and 15 euros. In concrete terms, this means that the Facility could leverage a total of between 50 and 100 billion euros.