Author (Corporate) | Council of the European Union: General Secretariat |
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Series Title | Press Release |
Series Details | PRES/15/528 (25.06.15) |
Publication Date | 25/06/2015 |
Content Type | News |
On 25 June 2015, the Council of the European Union adopted a regulation on a European fund for strategic investments (EFSI) aimed at stimulating the economy. The adoption of the text was expected to pave the way for new investments and encourage participation by private investors in a range of new projects. It followed approval by the European Parliament on 24 June, after a compromise was reached between the institutions on 28 May 2015. Signature of the EFSI regulation was envisaged before the end of June, allowing it to enter into force at the beginning of July 2015. The first EFSI operations were expected as early as mid-September. |
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Source Link | Link to Main Source http://www.consilium.europa.eu/en/press/press-releases/2015/06/25-council-adopts-efsi-regulation/ |
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Subject Categories | Economic and Financial Affairs |
Countries / Regions | Europe |