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The Juncker Plan at work: bringing investment back on track in Europe

A Communication published by the Commission on 22 November reveals how the Investment Plan for Europe – the Juncker Plan – has helped bring investment back to a sustainable level in Europe, four years after its launch.

date:  06/12/2018

See alsoEuropean Commission - Press release

A Communication published by the Commission on 22 November reveals how the Investment Plan for Europe – the Juncker Plan – has helped bring investment back to a sustainable level in Europe, four years after its launch. The Investment Plan has exceeded its initial target and expectations and has now mobilised EUR 360 billion worth of investments, two-thirds of which come from private resources. Thanks to the backing of the European Fund for Strategic Investments (EFSI), 850,000 SMEs are set to benefit from improved access to finance. Estimates show that the EFSI has already supported more than 750,000 jobs, while 1.4 million jobs are set to be created by 2020. The Juncker Plan has already increased EU GDP by 0.6%, a figure set to reach 1.3% by 2020. All Member States are benefiting, especially those that were hit the hardest by the crisis. The indisputable success of the Juncker Plan, beyond its investment dimension, also lies in its two other dimensions: the tailored support provided to hundreds of project promoters under the European Investment Advisory Hub, which has already dealt with 860 requests, and the European Investment Project Portal, which provides an easily accessible pipeline of mature projects for potential investors.