Juncker Fund to mobilize almost €400bn in investments

EPA-EFE/OLIVIER HOSLET

European Commission President Jean-Claude Juncker speaks at a press conference after a special EU summit on Brexit at the European Council in Brussels, Belgium, 11 April 2019. EU leaders gathered for an emergency summit in Brussels to discuss a new Brexit extension.

Juncker Fund to mobilize almost €400bn in investments


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After new projects have been approved on the the latest meeting of the European Investment Bank Board of Directors, the European Fund for Strategic Investments, the Juncker Fund is now expected to trigger €398.6 bn in investments.
The EIB has approved €54.3 bn worth of financing for infrastructure and innovation projects, which should generate €249.7 bn of additional investments, while the European Investment Fund, which is part of the EIB Group, has approved €19.5 bn worth of agreements with intermediary banks and funds to finance SMEs, which are expected to generate €148.9 bn of additional investments.
Currently, the top five countries ranked in order of investment triggered relative to GDP are Greece, Estonia, Bulgaria, Portugal and Latvia.

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