The European Commission and the European Investment Bank (EIB) Group have delivered on their pledge to mobilise €500 billion in investment under the Investment Plan for Europe. Some 1,400 operations have been approved under the European Fund for Strategic Investments (EFSI), using a budget guarantee from the European Union and own resources from the EIB Group. They are expected to trigger close to €514 billion in additional investment across EU countries and to benefit some 1.4 million small and mid-sized companies. In 2017, when the European Council and the Parliament agreed to broaden the EFSI’s scope and size, the goal was to mobilise €500 billion by the end of 2020. The money was intended to help close the investment gap left as a result of the 2007/8 financial and economic crisis.

For more information and project examples for each Member State:

• Press release
• Investment Plan results
• Factsheet
• EIB/JRC 2019: Assessing the macroeconomic impact of the EIB Group