Financing and investing
The real economy needs investment for growth and jobs despite the necessary budget discipline. Indeed, the cost of non-investment would be much higher than the cost of investment, considering that it would actually damage economic growth in the short term and competitiveness in the long term. Real life examples show, for example, that every Euro invested in energy efficiency renovation leads to income/savings of 5 to 7 Euros for public authorities. Also, lots of transport infrastructures across the EU desperately require retrofitting works and upgrading to support the competitiveness of the Internal Market.
Of course, without the necessary financing, no investment will take place. And without incentives, available financing means will not be sufficient. Both public and private resources need to be mobilised for this purpose.