Investment Plan for Europe: More than 100 billion euro of investments less than one year into Fund
EU News 175/2016
Brussels, 20 May 2016
Less than one year into its existence, the European Fund for Strategic Investments is supporting 64 projects and triggers more than 100 billion euro of investment across the European Union.
The European Commission's partner in the Investment Plan, the European Investment Bank, approved yesterday eight more projects for a financing volume of 9.3 billion euro. This takes the total of approved investment projects to 64 and already achieves almost a third of the targeted 315 billion euro investments over three years.
The new projects at the heart of the Juncker Commission's flagship Investment Plan for Europe are in strategic areas such as research and development, energy efficiency and digital technology and now span 26 Member States.
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