earmark € 8 billion in the EU-Budget to serve as EU-guarantee to the EFSI. They should also attempt to limit potential losses of the EFSI. This is best done by the EIB issuing bonds with a contract clause [...] only as long as EFSI losses do not exceed € 21 billion. Also, the EU-Commission should self-commit itself to fully applying EU-state aid law both to investment projects which profit from EFSI support only
backing of the EFSI guarantee. “One should not expect that the Fund will become a magic bullet,” cep economist Philipp Eckhardt told German business daily Handelsblatt. He also warned that the EFSI guarantees [...] Wednesday agreed a package of measures to ensure that the European Fund for Strategic Investments (EFSI) is up and running by early autumn. In that context, the EU Commission published a Communication on [...] Jean-Claude Juncker, Vice-President Jyrki Katainen and EIB President Werner Hoyer on Wednesday signed the EFSI agreement setting out the working methods between the EU Commission and the EIB. Further decisions
. It is absolutely essential for EFSI investments to be compatible with the EU state aid law. The EU ban on state aid applies to national contributions to actual EFSI projects. The "simplified and [...] these contributions will undermine the ban on state aid if the "principles" for assessing EFSI projects under the state aid law are not equivalent to the assessment level applicable under the ban
billion euro. The plan is based on the establishment of a European Fund for Strategic Investments (EFSI) as well as an investment advisory hub at the European Investment Bank (EIB). See also our cepInput
approved the compromise regarding the architecture of the European Fund for Strategic Investments (EFSI), the so-called 'Juncker Plan', by 464 votes to 131 with 19 abstentions. The compromise was reached
Wednesday on the compromise regarding the architecture of the European Fund for Strategic Investments (EFSI), the so-called 'Juncker Plan'. The compromise was reached by MEPs and the Council of Ministers last
, if it really does want to subsidise "close-to-market" projects via the European investment fund EFSI, should not simply list examples of these – "large-scale industrial demonstrators and building renovation"