European Union countries should set up a joint fund to invest in large infrastructure projects that is financed "in a similar way and on a similar scale" as the eurozone's €500 billion bailout fund, Poland's finance minister said Thursday.

In remarks at the annual dinner of Brussels-based economic think-tank Bruegel, Mateusz Szczurek warned that the EU was now facing not only a "lost decade" when it comes to growth, but also a "lost generation" of young men and women who can't find jobs.

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