The progress of the European Commission's €315 billion investment plan for Europe, or "Juncker plan", will be debated on Wednesday with Commission Vice-President Jyrki Katainen. Launched a year ago, the European Fund for Strategic investments (EFSI) aims to mobilise private and public funds to kick-start growth after the financial crisis. Tabling its first progress report on 2 June, the Commission proposed to extend the plan beyond the original three years and scale up resources for SMEs.
More than 140,000 SMEs in 26 member states are expected to benefit from the plan, says to the Commission, with France, Italy, Germany, the UK, and Spain having the greatest number of approved projects.
MEPs will debate the Commission’s progress report and improvements such as the recently-launched European Investment Project Portal which brings together investors and projects in need of investment.
Procedure: Commission statement followed by debate
Debate: Wednesday, 8 June
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