Juncker Plan now expected to trigger more than 225 billion euroJuly 24, 2017
Hat: Juncker Plan now expected to trigger more than 225 billion euro
Funding Scheme: 2017-07-24
Pgm2014 2020: Yes
Just over two years after the Juncker Commission launched the European Fund for Strategic Investments (EFSI) at the heart of the Plan, the Juncker Plan is now set to trigger more than EUR 225 billion in investments across all 28 Member States.
Recent loan agreements made possible by the Juncker Plan’s EFSI include EUR 150 million to upgrade broadband networks in Greece, EUR 30 million to finance the construction of new state of the art facilities at the University of Latvia and EUR 125 million to support the construction of over 2,000 social housing units in Barcelona.
The Commission is working closely with the Parliament and Member States towards the final adoption of the proposal to extend and reinforce the EFSI (the so-called “EFSI 2.0”).
Url description: Press room - European Commission