Statement: Negotiations on the Regulation for a European Fund for Strategic Investments (EFSI) successfully concluded

On 28 May 2015, EU legislators successfully concluded negotiations on the Regulation for a European Fund for Strategic Investments (EFSI), the core of the Investment Plan for Europe. This means that the Fund will become operational and start financing projects at the end of the summer.

The European Commission, represented by Vice-Presidents Georgieva and Katainen, acted as an honest broker and facilitator throughout the negotiations with the European Parliament and the Council. During last night's trilogue, the co-legislators agreed upon the final outstanding issues, including in particular the budgetary allocations to the EFSI guarantee fund, keeping to the ambitious timetable set out in January 2015.

• Primary Source

ESO: Background information: Delivery of €315 billion Investment Plan on track: Commission presents law for the European Fund for Strategic Investments http://www.europeansources.info/record/press-release-delivery-of-e315-billion-investment-plan-on-track-commission-presents-law-for-the-european-fund-for-strategic-investments/

ESO: Background information: Project financing: Council agrees negotiating stance on European fund for strategic investments http://www.europeansources.info/record/press-release-project-financing-council-agrees-negotiating-stance-on-european-fund-for-strategic-investments/

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