Is the EU's word its 'project bond'?

Hellowell, Mark
July 2013
Public Finance;Jul/Aug2013, Issue 7/8, p10
Trade Publication
The author discusses the impact of boosting the European Union (EU)-backed infrastructure projects on the future public sector risk of Great Britain. He notes the positive project delivery record of the Private Finance Initiative (PFI) from the investors' perspective although it is considered expensive for the public authorities. He believes that possible shift of the rewards and risks presented by the projects on the public sector will be curtailed if they will be supported by the state.


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