Commission's investment package

6.1.2015

Question for written answer E-000047-15
to the Commission
Rule 130
Luděk Niedermayer (PPE)

The Commission’s investment package, the ‘Juncker plan’, is based on highly leveraged funds that will be used to support investment projects.

Given the relatively high leverage, the risk absorption capacity (or the intensity of support for projects) is rather limited.

Under these circumstances, even a small reduction in capacity has a large impact on the projects that are supposed to be supported. The EIB’s costs relating to the management of the anticipated fund are one of the factors involved.

In the Czech Republic, when I was working on a Jessica Project, I saw relatively high costs of EIB involvement which, in my opinion, were not fully justified by the nature of the involvement.

What costs are anticipated and what will be their impact on the risk absorption capacity (on the extension of support) of individual projects?