Juncker Plan: €393bn of investment now mobilised across EuropeEuropost
The European Fund for Strategic Investments (EFSI), the core of the Juncker Plan, has mobilised almost €393bn of investment, according to April figures from the European Investment Bank (EIB) – the Commission's strategic partner on the Investment Plan for Europe.
As stated by the EU Commission's press office, operations approved under EFSI so far represent a total financing volume of €72.8bn in all Member States. The EIB has also approved 524 infrastructure projects supported by EFSI for €53.8bn, which are now expected to generate €246.6bn of additional investments.
In the meantime, 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 across Europe.