Author (Corporate) | European Investment Bank |
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Publisher | EU |
Publication Date | March 2017 |
Content Type | Report |
The Investment Plan for Europe (IPE) – better known as the Juncker Plan – seeks to reduce investment gaps in Europe. As one of the three IPE Pillars, the European Fund for Strategic Investments (EFSI) aims to contribute to this goal by supporting investments in infrastructure and innovation, and by increasing access to finance for SMEs and MidCap companies. It is implemented by the EIB Group. EFSI consists of a €16bn EU guarantee complemented by a €5bn capital contribution provided by the EIB. The EU guarantee increases the risk-bearing capacity of the EIB Group, allowing it to finance projects that address market failures or sub-optimal investment situations. EFSI is meant to allow the EIB Group to finance more high-risk projects or riskier tranches of projects. |
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Source Link | Link to Main Source http://www.eib.org/infocentre/publications/all/briefing-evaluation-of-the-functioning-of-the-efsi.htm |
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Subject Categories | Business and Industry, Economic and Financial Affairs |
Countries / Regions | Europe |