Commission welcomes European Parliament vote on extension and reinforcement of the European Fund for Strategic Investments (EFSI), the heart of the Juncker Plan
The European Commission welcomes the vote by Members of the European Parliament’s Budgets and Economic and Monetary Affairs committees to agree their position on extending, expanding and reinforcing the European Fund for Strategic Investments (EFSI), the so-called “EFSI 2.0”. The Commission now calls on the Parliament and Member States to continue working towards the final adoption of the EFSI 2.0 proposal as quickly as possible to the benefit of public and private promoters driving investment projects in Europe. The plan is to extend the EFSI’s initial three-year timeline (2015-2018) to 2020, the end of the current Multiannual Financial Framework.