As part of Next Generation EU, Europe’s new recovery instrument to kick-start the economy after the severe consequences of the coronavirus crisis, the European Commission has proposed a new Solvency Support Instrument (SSI), building on the European Fund for Strategic Investments (EFSI). As a result of the unprecedented economic shutdown, many European companies are facing serious solvency difficulties. The Solvency Support Instrument will help match the recapitalisation needs of otherwise healthy companies across Europe, which are at risk because of the crisis. It will have a budget of €31 billion, aiming to unlock €300 billion in solvency support for companies from all economic sector, and prepare them for a cleaner, digital and resilient future.

For more information:

• Questions and Answers: Solvency Support Instrument
• Factsheet