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Main Objectives And Results Of The Juncker Investment Plan

Author

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  • Ada-Cristina Marinescu
Abstract
The Investment Plan proposed by the European Commission in 2014 (the Juncker Plan) aims to boost competitiveness in the European Union by mobilizing public and private investment to sustain economic growth, by attracting private sector capital and additionality for projects financed. The plan is implemented by the European Investment Bank Group through the European Fund for Strategic Investment. The plan initially proposed to mobilize 315 billion euro by July 2018, but these objectives were already fulfilled at the evaluation in 2018, which resulted in the prolongation of the plan and a new target set for 2020. The projects supported by the EFSI show a high degree of innovation, and funding is provided for public and private institutions, financial bodies and investment platforms. Financing areas include strategic infrastructure, education and research, renewable energy, and support for small and medium-sized enterprises.In this article I presented the main objectives of the European Commission Investment Plan and the results obtained so far from the financing provided through the European Fund for Strategic Investment.

Suggested Citation

  • Ada-Cristina Marinescu, 2019. "Main Objectives And Results Of The Juncker Investment Plan," Euroinfo, Institute for World Economy, Romanian Academy, vol. 3(2), pages 43-51, February.
    • Handle: RePEc:iem:eurinf:v:3:y:2019:i:2:p:43-51
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    File URL: http://www.iem.ro/rem/index.php/euroinfo/article/view/691/772
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    More about this item

    Keywords

    investment; Juncker Plan; European Fund for Strategic Investment; additionality;
    All these keywords.

    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock

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