Investment Plan for Europe: The Juncker Plan’s impact in the real economy

The Juncker Plan was launched in 2015 with the objective of closing the investment gap left by the financial and economic crisis in the EU. It aimed at mobilising at least €315 billion in investments on key sectors across the EU by 2018. As of October 2018, the European Fund for Strategic Investments (EFSI) is expected to trigger €344 billion in investments and around 793,000 SMEs are set to benefit from it. Besides, it has contributed to the creation of 750,000 jobs by 2017 and it aims to help create 1.4 million jobs by 2020. In terms of economic growth, it has contributed to increase the EU’s GDP by 0.6% by 2017 and it aims to increase it by 1.3% by 2020.