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Parliamentary question - E-000734/2022Parliamentary question
E-000734/2022

    Global Gateway: EUR 150 billion investment package Africa

    Question for written answer  E-000734/2022
    to the Commission
    Rule 138
    Marc Botenga (The Left)

    On 10 February 2022, the President of the Commission promised to raise EUR 150 billion by means of the Africa-Europe programme as the first regional plan under Global Gateway, the Commission’s global infrastructure investment strategy[1]. However, Ursula von der Leyen and the Commission have failed to provide a breakdown of where these funds would come from. An e-mail by the head of the Commission’s development department admitted that the Commission has not produced a specific calculation[2]. Two senior EU diplomats have been quoted saying they had no clue about how the Commission came up with the figure of EUR 150 billion, one of them speaking of ‘magical engineering[3]’.

    Last updated: 1 March 2022
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