About: EFSI
Juncker Plan’s results may be overstated, auditors say
The amount of investment mobilised by the European Fund for Strategic Investments (EFSI) may have been overestimated, a new report by the European Court of Auditors has warned. It added that it may have also favoured larger member states.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.‘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.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...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.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.
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.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.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.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.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.