|Author (Corporate)||European Commission|
|Series Details||COM (2018) 771|
On 22 November 2018 the European Commission presented a Communication revealing how the Investment Plan for Europe has helped bring investment back to a sustainable level in Europe, four years after its launch.
In November 2014, the Commission presented the Investment Plan for Europe (‘the Juncker Plan’) based on a new and innovative approach to investment. By using limited amounts of public resources, substantial private and public funds have been and continue to be mobilised for investments across strategic sectors of the EU economy.
The Investment Plan has exceeded its initial target and expectations and has now mobilised €360 billion worth of investments, two-thirds of which come from private resources. Thanks to the backing of the European Fund for Strategic Investments (EFSI), 850,000 small and medium businesses are set to benefit from improved access to finance. Estimates show that the EFSI has already supported more than 750,000 jobs, while 1.4 million jobs are set to be created by 2020, generating positive impact in millions of European homes.
Efforts have also been made at the national as well as at the European level to remove barriers to investments and make Europe an even more attractive place for businesses to settle and thrive. In line with the objective of the Investment Plan and to improve further the investment environment in Europe, this Communication highlights the need for sustained and coordinated efforts to remove regulatory bottlenecks and pursue business-friendly structural reforms.
|Subject Categories||Economic and Financial Affairs|
|Subject Tags||Investment Plan for Europe | Juncker Plan|
|Keywords||European Fund for Strategic Investments [EFSI]
|International Organisations||European Union [EU]|