The European Commission has announced plans to extend the European Fund for Strategic Investments (EFSI).

The extension is based on three different assessment reports: two reports were released last month – one by the European Commission and another by the European Investment Bank (the second largest counterpart of EFSI). A third report was published earlier this month by the consultancy firm Ernst & Young.

“EFSI functions as planned. It crowds in private resources from the market,” Eu...

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