As part of its External Investment Plan, the EU gave its green light to a package of financial
guarantee programmes worth around €800 million on 10 July. This will help to leverage an
estimated €8-9 billion in public and private investment in Africa and the Neighbourhood.
Today the Task Force on Subsidiarity, Proportionality and 'Doing Less, More Efficiently', chaired by First Vice-President Timmermans, handed over its final report to Commission President Jean-Claude Juncker.