|Author (Corporate)||European Commission|
|Series Details||COM (2018) 439|
Legislative proposal published by the European Commission on 6 June 2018 setting up the InvestEU programme for the period 2021-2027.
InvestEU aims to bring together a multitude of existing financial programmes and expand the model of the Investment Plan for Europe, which was launched in 2014 in the aftermath of the financial and sovereign debt crisis to boost jobs, growth and investment. InvestEU responds to the need to provide for an EU investment programme to cater for cross-cutting objectives in terms of simplification, flexibility, synergies and coherence across relevant EU policies.
The proposed programme is based on the same budgetary model as the European Fund for Strategic Investments (EFSI), which is at the core of the so-called Juncker Plan. It stands on four legs:
The proposal was put forward in the framework of the discussions on the Multiannual Financial Framework (MFF) for the period 2021-2027. The European Parliament's plenary session adopted a negotiating position on 16 January 2019. The Council of the European Union held a discussion on this proposal on 22 January and reached an agreement on a general approach on 21 February. A partial informal agreement between the co-legislators on a compromise text was reached on 20 March. The Parliament formally endorsed it on 18 April.
|Subject Categories||Internal Markets|
|Subject Tags||Investment Plan for Europe | Juncker Plan, Multiannual Financial Framework [MFF]|
|Keywords||European Fund for Strategic Investments [EFSI], MFF 2021-2027
|International Organisations||European Union [EU]|