Outcomes of the Juncker plan exceeds hopes of the EC

Last November 22nd, the European Commission released a Communication to evaluate the results of the Juncker Plan for the year 2018.

 

As presented by the Communication, the results obtained by the Investment Plan overcame the expectations of the legislators, and thanks to the backing of the European Fund for Strategic Investments (EFSI), 850,000 small and medium businesses are set to benefit from improved access to finance.  As shown by estimates, the EFSI has already supported more than 750,000 jobs, with other 1.4 million jobs set to be created by 2020.

 

Commission Vice-President responsible for Jobs, Growth, Investment and Competitiveness, Jyrki Katainen, stated: "The Investment Plan has been a game-changer. […] In the EU's next long-term budget, we want to keep the momentum going, and ensure that the Investment Plan's successful model becomes the new European standard for investment support."

 

For the next year, the Commission committed to intervene to remove regulatory bottleneck to facilitate the ultimate level of integration under the Single Market Strategy, the Digital Single Market, the Capital Markets Union and the Energy Union. On the other hand, the Commission will act to pursue business-friendly structural reforms, to reinforce ‘virtuous triangle' among structural reforms, investment and fiscal responsibility. 

LikeLike (0) | Facebook Twitter LinkedIn
EU Update
New EU Insight: Digitising European Industry
Outcomes of the Juncker plan exceeds hopes of the EC
The EU push forward for a deeper partnership with India
Which are the current trends for climate and energy?
Public consultation on EU Product Policy Framework
Upcoming EU events
Corporate Member News
BASF introduces innovative Cavipor® insulation material for existing buildings
Vattenfall among the top 20 green energy companies globally
Electric Mobility & Innovation : Total Launches a Pioneering Line of Fluids for Electric and Hybrid Vehicles
Solvay to supply its Baton Rouge US plant with Solar Energy
ENGIE partners with Greater Springfield, Australia, to develop Zero Net Energy city of the future
10 Years of Enel Green Power: 100 twh of Output per Year. The Renewable Energy Strategy made in Italy
New partnership programme for businesses with a focus on the Sustainable Development Goals
National Partner News and Events
Businesses helping marginalised immigrants find jobs
IMS Luxembourg: Discover the thematic report on over indebtedness in Luxembourg
World Climate Summit 2018: Responsible Business Forum to help achieving climate conference decisions
Capacity Development Workshop for businesses operating in Kosovo on supporting youth and sustainability
Global Entrepreneurship Week 2018
Sustainability enters a stage of growing demand by governments, investors and citizens - 2018 Forética Report