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MAIN OBJECTIVES AND RESULTS OF THE JUNCKER INVESTMENT PLAN

Ada Albu (Marinescu)

Euroinfo, 2019, vol. 3, issue 2, 43-51

Abstract: The Investment Plan proposed by the European Commission in 2014 (the Juncker Plan) aims to boost competitiveness in the European Union by mobilizing public and private investment to sustain economic growth, by attracting private sector capital and additionality for projects financed. The plan is implemented by the European Investment Bank Group through the European Fund for Strategic Investment. The plan initially proposed to mobilize 315 billion euro by July 2018, but these objectives were already fulfilled at the evaluation in 2018, which resulted in the prolongation of the plan and a new target set for 2020. The projects supported by the EFSI show a high degree of innovation, and funding is provided for public and private institutions, financial bodies and investment platforms. Financing areas include strategic infrastructure, education and research, renewable energy, and support for small and medium-sized enterprises.In this article I presented the main objectives of the European Commission Investment Plan and the results obtained so far from the financing provided through the European Fund for Strategic Investment.

Keywords: investment; Juncker Plan; European Fund for Strategic Investment; additionality (search for similar items in EconPapers)
JEL-codes: E20 H54 R53 (search for similar items in EconPapers)
Date: 2019
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