Investment plan for Europe: EFSI extension approved by Council

  • Press releases
  • 08/11/2017 13:43

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Toomas Tõniste
"Investment conditions have improved in Europe but investment rates are still below pre-crisis levels", said Toomas Tõniste, minister for finance of Estonia (photo: European Union)

The flagship initiative under the EU's 'investment plan for Europe' is to be extended in terms of both duration and financial capacity.

The aim is to mobilise at least half a trillion euros of additional investments by 2020.

On 8 November 2017, EU ambassadors endorsed, on behalf of the Council, an agreement with the European Parliament on an extension to the European fund for strategic investments (EFSI).

Read more on the website of the Council of the European Union.