Brussels, 23/02/2015 (Agence Europe) - The European Investment Bank (EIB) believes that the hoped-for leverage effect of the European Fund for Strategic Investments (EFSI), to be launched in the framework of the Juncker investment plan, is achievable.
Under the legislative proposal on the table, the EFSI, to be set up under the aegis of the EIB, will be armed with €21 billion in guarantees (€16 billion from the EU budget and €5 billion from the EIB). The stated aim is to draw down...