European Parliament approves Commission’s initiative to promote jobs and growth

MEPs voted in favour of the new programme for supporting investment and accessing to finance. The funding project will substitute the European Fund for Strategic Investments, which was set up to help recovery from the financial crisis. Nowadays, despite an amelioration of the situation, the programme includes some instruments for easing access to investment, including InvestEU Fund, the InvestEU Advisory Hub and the InvestEU Portal.

 

The Parliament approved some amendments such as (1) an increase of the budget to 40.8 billion (current prices); (2) a more precise assessment of the roadmap and objectives of the projects, with a particular attention to climate-related projects; (3) the introduction of a Steering Board; and (4) better accountability to European citizens through reporting on project, impact and operations.

MEPs are now ready to start negotiations with EU ministers with the aim to reach a first reading agreement.

LikeLike (0) | Facebook Twitter LinkedIn
EU Update
Upcoming EU events
CSR Europe delivered two speeches at the EU Industry Days
EU Member States agree on the Commission’s proposal to increase funds
European Parliament approves Commission’s initiative to promote jobs and growth
Strong Europe, Better World
The Circular Plastics Alliance
Corporate Member News
ArcelorMittal selected for 2019 Bloomberg Gender-Equality Index
BASF is combining digitalization and IT expertise in a single division
Enel launches a one billion euro new green bond in Europe
ENGIE further promotes clean cooking and last mile energy distribution solutions
Hitachi Strengthens Wind Power Generation System Business
Honda Sets All-Time Calendar Year Production Records for Automobile Production
Hyundai Motor Group Reveals Life-changing Technology to Assist Hearing-impaired Drivers
National Partner News and Events
Around thirty companies gathered to find solutions to reach Zero Single-Use Plastic
Kosovo CSR Annual Gala Event & Awards Ceremony
Diversity Awards: Applications are open!
Putting your skills at the service of the social and solidarity economy
Forética selects the best business initiatives in responsible technological transformation and young employability
CSR Sweden held Responsible Supply Chain Leadership