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<p>Paragraph 7 of the October European Council Conclusions refers to the first of
five priority areas (stronger economies with more jobs) of the Strategic Agenda for
the Union in Times of Change, the EU’s priorities for the next five years, as agreed
by EU Leaders in the June 2014 European Council. <br>Paragraph 8 focuses on European
Council support for concrete policy actions to boost investment, especially the Commission’s
proposed €300 billion investment initiative, encouraging full use of all existing
and allocated EU resources. The UK successfully pushed for private investment to be
a key part of this language. The investment package is currently a policy initiative
to be discussed by EU Heads of State at the December European Council. The economic
growth and jobs that the package aims to stimulate in the economies of EU Member States
is of significant importance to the UK economy.</p>
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