EU
#JunckerPlan - Almost €393 billion of investment now mobilized across Europe
The European Fund for Strategic Investments (EFSI), the core of the Juncker Plan, has mobilized almost €393 billion of investment, according to April figures from the European Investment Bank (EIB) – the Commission's strategic partner on the Investment Plan for Europe. Operations approved under EFSI so far represent a total financing volume of €72.8bn in all member states. The EIB has approved 524 infrastructure projects supported by EFSI for €53.8bn, which should generate €246.6bn of additional investments. The European Investment Fund, part of the EIB Group, has approved 554 financing agreements for small and medium businesses worth €19bn, which should generate €146bn of additional investments and benefit 945,000 companies.
Share this article:
EU Reporter publishes articles from a variety of outside sources which express a wide range of viewpoints. The positions taken in these articles are not necessarily those of EU Reporter. Please see EU Reporter’s full Terms and Conditions of publication for more information EU Reporter embraces artificial intelligence as a tool to enhance journalistic quality, efficiency, and accessibility, while maintaining strict human editorial oversight, ethical standards, and transparency in all AI-assisted content. Please see EU Reporter’s full A.I. Policy for more information.
-
South Caucasus5 days agoThe security environment of the South Caucasus amid changing geopolitical realities
-
South Caucasus4 days agoThe South Caucasus at a historic turning point: Between lasting peace and renewed confrontation
-
European Commission5 days agoCommission sends Statements of Objections to several companies and trade associations in suspected construction chemicals cartel
-
EU Presidency4 days agoAs Ireland chairs the EU Presidency, what impact has over fifty years of EU membership had on Ireland
