European Fund for Strategic Investment firmly on the track

Marjut SANTONI EIB, Director General, Deputy Secretary General [vc_btn title= »Télécharger l’article » style= »outline » color= »blue » align= »right » i_icon_fontawesome= »fa fa-file-pdf-o » add_icon= »true » link= »url:http%3A%2F%2Fconfrontations.org%2Fwp-content%2Fuploads%2F2017%2F01%2FEN-Interface-106-ILT-p3.pdf||target:%20_blank »] How to give hope to EU citizens and share the benefits of EU response to our common challenges in a few words? Let’s give a concrete example with a flagship EU action launched in 2015: EFSI. The European Fund for Strategic Investments (EFSI) was set up jointly by the European Commission and the European Investment Bank (EIB) Group, and implemented rapidly by the EIB and the European Investment Fund (EIF), to help the EU with finding the way to economic recovery after the crisis. EFSI helps to overcome the current investment gap in the EU by mobilising financing for strategic investments and contributes to restoring competitiveness, increasing growth and creating jobs. And EFSI works. Almost 50% of the 3-year investment target of mobilising EUR 315bn of additional investment has been reached, covering