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We have reached the investment target of €315 billion under the European Fund for Strategic Investments! EFSI is set to trigger €335 billion of additional investment europa.eu/!wT74nd #investEU #EFSI
EFSI aims to mobilise private investment in strategic projects for the EU, ensuring that money reaches and boosts the real economy. We launched it with @EIB in 2015 under the Investment Plan for Europe - also called #JunckerPlan #investEU #EFSI
In practice, EFSI is a €33.5 billion guarantee from the EU and @EIB budgets. It enables EIB to provide financing to higher-risk projects than it normally would. It has led to major economic benefits, unlocking additional investment of €335 billion in three years #investEU #EFSI
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