EC: EFSI mobilises € 393 billion of investment
According to the European Commission (EC), the European Fund for Strategic Investments (EFSI), which is part of the Juncker Plan, has mobilised almost €393 billion of investment across Europe. April 2019 figures from the European Investment Bank (EIB) show that operations approved under EFSI so far represent a total financing volume of €72.8 billion in all Member States. The EIB has approved 524 infrastructure projects supported by EFSI for €53.8 billion, which the EC expects to generate €246.6 billion of additional investments. The European Investment Fund, part of the EIB Group, has approved 554 financing agreements for small and medium businesses worth €19 billion, which are expected to generate €146 billion of additional investments and benefit 945,000 companies.
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