Communication on the Investment Plan for Europe: stock-taking and next steps

Author (Corporate)	European Commission
Series Details	COM (2018) 771
Publication Date	22/11/2018
Content Type	Policy-making
	Summary: On 22 November 2018 the European Commission presented a Communication revealing how the Investment Plan for Europe has helped bring investment back to a sustainable level in Europe, four years after its launch. Further information: In November 2014, the Commission presented the Investment Plan for Europe (‘the Juncker Plan’) based on a new and innovative approach to investment. By using limited amounts of public resources, substantial private and public funds have been and continue to be mobilised for investments across strategic sectors of the EU economy. The Investment Plan has exceeded its initial target and expectations and has now mobilised €360 billion worth of investments, two-thirds of which come from private resources. Thanks to the backing of the European Fund for Strategic Investments (EFSI), 850,000 small and medium businesses are set to benefit from improved access to finance. Estimates show that the EFSI has already supported more than 750,000 jobs, while 1.4 million jobs are set to be created by 2020, generating positive impact in millions of European homes. Efforts have also been made at the national as well as at the European level to remove barriers to investments and make Europe an even more attractive place for businesses to settle and thrive. In line with the objective of the Investment Plan and to improve further the investment environment in Europe, this Communication highlights the need for sustained and coordinated efforts to remove regulatory bottlenecks and pursue business-friendly structural reforms. See also: Communication on the Single Market in a changing world: a unique asset in need of renewed political commitment Communication on harmonised standards: enhancing transparency and legal certainty for a fully functioning Single Market
Source Link	Link to Main Source https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2018:771:FIN
Related Links	Official European Commission: Press Release, 22/11/2018: The Juncker Plan at work: bringing investment back on track in Europe http://europa.eu/rapid/press-release_IP-18-6484_en.htm European Commission: Investment Plan for Europe: the Juncker Plan https://ec.europa.eu/commission/priorities/jobs-growth-and-investment/investment-plan-europe-juncker-plan_en
Subject Categories	Economic and Financial Affairs
Subject Tags	Investment Plan for Europe \| Juncker Plan
Keywords	European Fund for Strategic Investments [EFSI]
International Organisations	European Union [EU]