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#JunckerPlan – Almost €393 billion of investment now mobilized across Europe : EU Reporter China

#JunckerPlan – Almost €393 billion of investment now mobilized across Europe

| April 15, 2019 | 0 Comments

By EU Reporter Correspondent

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.

Source:: EU Reporter Feed

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