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Juncker plan-factsheet-july2018 en

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Juncker plan-factsheet-july2018 en

  1. 1. Investment Plan for Europe | July 2018 JUNCKER PLAN REACHES INVESTMENT TARGET €315BILLION THE EUROPEAN FUND FOR STRATEGIC INVESTMENTS (EFSI) has mobilised €335 billion in additional investment across the EU since 2015. Two thirds of the €335 billion raised comes from private investment. JOBS AND GROWTH Based on EFSI operations up until the end of 2017, the Juncker Plan has supported more than 750,000 jobs with the figure set to rise to 1.4 million jobs by 2020. It has increased EU GDP by 0.6% and it is set to increase EU GDP by 1.3% by 2020. 700,000 small and medium-sized businesses (SMEs) – a major focus of the Juncker Plan – are benefiting from improved access to financing. The Juncker Plan is contributing to closing the investment gap caused by the financial and economic crisis. Environment and resource efficiency Transport Digital RDI Energy Smaller companies €500bn target by 2020 €315bn target by mid 2018 Social infrastructure 11% 8 % 21% 4% 4% 31% 21% € 335 billion
  2. 2. Investment Plan for Europe | July 2018 JUNCKER PLAN REACHES INVESTMENT TARGET €315BILLION WHAT ISTHE EFSI? The European Fund for Strategic Investments (EFSI) is an EU budget guarantee. It allows the European Investment Bank (EIB) Group to:✓ ✓ Finance operations that are riskier than their average investment✓ ✓ Support highly innovative projects✓ ✓ Provide risk financing to small companies without a credit history✓ ✓ Finance a greater quantity of projects and SME agreements than would have been possible without the EU budget guarantee’s backing. Bio-economy Environment & resource efficiency Research, development & innovation Digital Energy Social Transport Regional development Smaller companies Japan Euro area EU US 20182017201620152014201320122011201020092008 forecast -20 -15 -10 -5 0 5 10 15 Fall by over 15% compared to 2008 The Juncker Plan is contributing to closing the investment gap: back to pre-crisis levels and steadily increasing Start of Juncker Commission % change in the level of investment compared to 2008 Source: European Commission EFSI SECTORS
  3. 3. Investment Plan for Europe | July 2018 JUNCKER PLAN REACHES INVESTMENT TARGET €315BILLION TOTAL INVESTMENT € 650 billion SMEs Social investment and skills Research and innovation Sustainable infrastructure 650 bn FINANCIAL PARTNERS’RESOURCES ESTIMATED € 9.5 billion EU BUDGETARY GUARANTEE € 38 billion 11.5 bn 11.25 bn 4 bn 11.25 bn EU BUDGET € 15.2 billion ESTIMATED TOTAL GUARANTEE € 47.5 billion x13.7 CROWDS IN PRIVATE AND PUBLIC INVEST- MENT BENEFITSTO CITIZENS AND BUSINESSES WHAT’S NEXT? E PROPOSAL: THE InvesteU FUND UNDERTHE NEXT LONG-TERM EU BUDGETARY FRAMEWORK (2021-2027) Thanks to EFSI support, the EIB and its subsidiary for financing small businesses, the European InvestmentFund(EIF),haveinvestedin hundredsofprojectsandprovidedriskfinancingfor hundreds of thousands of SMEs across a wide range of strategic sectors in all 28 Member States. In addition to financing innovative projects and new technologies, the Juncker Plan has supported other EU objectives, such as in digital, social and transport policy. Thanks to the EFSI:● ● 15 million additional households can access high-speed broadband● ● More than 500,000 social and affordable housing units have been built or renovated● ● 30 million Europeans benefit from improved healthcare services● ● 95 million passengers per year are enjoying better rail and urban infrastructure● ● 7.4 million households supplied with renewable energy Given the success of the EFSI in mobilising investment across the EU, the Commission proposed to extend its duration and capacity to boost investment further. The so-called EFSI 2.0 entered into force on 30 December 2017. It:● ● extends the lifetime of the guarantee from mid-2018 to end-2020● ● increases its investment target from €315 billion to at least €500 billion● ● has a greater focus on financing small businesses● ● puts more emphasis on sustainable projects and sectors● ● provides more advisory support at a local level.

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