European Fund for Strategic Investments (EFSI): Management appointments

17-10-2018

The European Fund for Strategic Investments (EFSI) is backed by a guarantee from the EU budget to stimulate investment across the Union. The regulation governing EFSI sets out that the European Parliament, which is one arm of the EU budgetary authority, has to approve the appointments of the managing director and deputy managing director of EFSI. Parliament’s Committees on Budgets and on Economic and Monetary Affairs jointly recommend approving the re-appointment of the current managing director and deputy managing director. Parliament's consent will be subject to a vote planned for the October II plenary session.

The European Fund for Strategic Investments (EFSI) is backed by a guarantee from the EU budget to stimulate investment across the Union. The regulation governing EFSI sets out that the European Parliament, which is one arm of the EU budgetary authority, has to approve the appointments of the managing director and deputy managing director of EFSI. Parliament’s Committees on Budgets and on Economic and Monetary Affairs jointly recommend approving the re-appointment of the current managing director and deputy managing director. Parliament's consent will be subject to a vote planned for the October II plenary session.