About: EFSI

Economy & Jobs 20-05-2018

Simplification still the main challenge for EU cohesion policy control

The European Commission will soon present its legislative proposal for the future EU cohesion policy, in the context of negotiations for a new long-term budget. But in order to define new financing instruments, it is important to understand if the existing ones worked or not.
Economy & Jobs 25-04-2018

‘Juncker plan’ mobilises €284 billion in investment

The EU’s investment fund set up in the aftermath of the financial crisis has mobilised €284 billion to date, mostly in private capital, surpassing the halfway point of its 2020 target.
Economy & Jobs 01-12-2017

Tackle the discrepancies of enlargement to build a genuine social model

To put vigour back into its social model, the discrepancies and contradictions which are the byproducts of the enlargement and deepening of the Union during the last twenty years need to be addressed, writes Alfred Sant.
Railways 21-09-2017

Commission hails Greek-Bulgarian railway project as ‘positive development’

The European Commission is satisfied with the recent cooperation between Greece and Bulgaria on a regional railway project and is ready to look into possible financial support, an EU spokesperson told EURACTIV. Earlier this month (6 September) Greece and Bulgaria...
Economy & Jobs 12-05-2017

Brexit will harm EU cohesion policy, regions warn

EU cohesion policy will “suffer heavily” during Brexit given the anticipated halting of payments for certain projects until 2020, the Conference of Peripheral Maritime Regions (CPMR) warned. EURACTIV Greece reports.
Economy & Jobs 24-03-2017

Greek SME lending platform delays worry Katainen

European Commission Vice-President for Jobs, Growth, Investments and Competitiveness Jyrki Katainen expressed concern about delays in setting up a Greek platform to provide funding for SMEs. EURACTIV Greece reports.

Romania praised again in EU justice monitoring report but weaknesses remain

The European Commission has released its latest report on Romania's progress under the Cooperation and Verification Mechanism, which puts its judicial system under close surveillance for potential corruption and organised crime. EURACTIV Romania reports.

Regional Policy 24-01-2017

Greek regional governor: Local economies need leverage to ‘breathe’

A new development fund launched in northern Greece aims to boost SMEs’ role in the local economy and simultaneously ensure transparency in financial management, the governor of the Western Macedonia region told EURACTIV Greece.
Energy 13-12-2016

Katainen warns against ‘insane’ push for energy efficiency

Jobs and Growth Commissioner Jyrki Katainen has insisted that the low-carbon transition and energy savings are needed if Europe’s economy is to be modernised. But he warned against pushing for “insane” efficiency targets and putting too much pressure on industry.
Euro & Finance 06-12-2016

Member states support extension of Juncker Plan with EU funds

EU finance ministers on Tuesday (6 December) backed the European Commission’s proposal to expand the investment plan to mobilise at least €500 billion by 2020.
Euro & Finance 01-12-2016

Slovak minister: ‘A European unemployment scheme is important’

State Secretary of Finance Ivan Lesay does not include Slovakia among the “hawkish” member states opposed to a fiscal stimulus for the eurozone. In an interview with EURACTIV, he also backed calls for a European unemployment insurance scheme.
Regional Policy 30-11-2016

Regions leader: More flexibility for the new ‘cohesion policy’

Regional structural funds absorption procedures should be simplified, Dr. Michael Schneider said in an interview with EURACTIV Greece, adding that financing through the European Strategic Investment Fund should also include a geographical factor.
Euro & Finance 29-11-2016

Dijsselbloem tells Commission to focus on budget discipline

Eurogroup President Jeroen Dijsselbloem on Tuesday (29 November) joined critics of the European Commission’s recent call for fiscal stimulus at eurozone level.
Climate change 24-11-2016

Commission official: ‘Bioeconomy is a unique opportunity to address societal challenges’

More and more member states are adopting bioeconomy plans and the EU is actively encouraging its Central and Eastern European partners to develop their own strategies. EURACTIV Slovakia talked to the Commission’s John Bell about the issue.
Euro & Finance 22-11-2016

Spain the big winner in EFSI funding

Spain has so far benefited the most from the European Fund for Strategic Investment (EFSI). Its SMEs and infrastructure projects have been injected with over €3 billion to date. EURACTIV Spain reports.
Euro & Finance 18-11-2016

Hudák: The EFSI is ‘driven by demand’

On Thursday (17 November), the European Investment Bank signed a contract with the Kuyavia-Pomerania Voivodeship to help finance the modernisation of a hospital in northern Poland under the EFSI. The EIB’s Vazil Hudák spoke to EURACTIV Poland about the deal.
Elections 16-11-2016

Romanian PM praises work of ‘zero government’

Romanian Prime Minister Dacian Cioloş has marked the completion of his first year in office by labelling his technocratic cabinet a “zero government”: “zero corruption, zero populism and zero lies”, in a barb aimed directly at his critics. EURACTIV Romania reports.

Euro & Finance 14-11-2016

Beneficiaries question Juncker Plan’s added value, report shows

The added value of the investment plan for Europe was questioned once again on Monday (14 November) as an independent report warned that “concerns” remain about its additionality and “possible crowding out” of existing investment.
Euro & Finance 02-11-2016

EFSI boss: The next EU budget will be different

The concept of the EFSI – to use taxpayer’s money from the EU budget in combination with financial instruments to achieve leverage with a higher economic impact – is now waterproof, Wilhelm Molterer, managing director of EFSI, told EURACTIV Slovakia in an exclusive interview.

Making Europe more agile in space

The European space sector is increasingly challenged by international competition in commercial markets. The Space Strategy for Europe proposes four goals for the EU to remain an industry leader, writes Jean-Loic Galle.

Berlin reluctant to top up Juncker’s piggy bank

European Commission President Jean-Claude Juncker wants the amount of funding made available by the EU’s investment plan, aka the Juncker Plan, to be doubled. But he faces strong opposition from Germany. EURACTIV’s partner Der Taggespiegel reports.
Euro & Finance 06-10-2016

‘Juncker Plan’ becomes friendlier to poorer EU members

The European Commission plans to improve the geographical reach of its flagship investment scheme popularly known as “the Juncker plan”, after the first year of its operation showed that mainly the richest 15 countries of the 28-nation bloc benefited from it.

NGOs criticise the Juncker Plan’s green credentials

15% of Juncker Plan funding supports fossil fuel projects, according to a report by group of NGOs, which raises serious questions about the investment plan’s consistency with the EU's climate objectives. EURACTIV France reports.
Euro & Finance 14-09-2016

Brussels eyes investment and capital markets to revive weak growth

Against the backdrop of weak output growth in Europe, the European Commission announced on Wednesday (14 September) that it will double the funds for its ‘successful’ investment plan and urged Parliament and the member states to adopt the Capital Markets Union proposals to relaunch the real economy.