Jean-Claude Juncker has been prone to fantasy lately. “I have a vision of a new school in Thessaloniki equipped with brand new computers,” the Commission chief said at a presentation of his €315 billion investment offensive in November.”Europe needs “better broadband network coverage, faster internet and intelligent data centres.”
One of the focus areas of the European Fund for Strategic Investments (EFSI), as Juncker calls the investment programme, is to expand the EU’s broadband network. And here, the German government has followed suit.
With the help of €24 billion in public incentives, Berlin hopes to generate private investment for a nationwide expansion of high speed internet connections. The project is mentioned in the project funding “wish list” the German Finance Ministry recently sent to Brussels.