In Valletta on Friday 23 September, the European Investment Bank (EIB) took position in favour of extending the Juncker investment plan until 2020, at the annual meeting of its governing council.
This announcement echoes the proposal of the European Commission to double the capacity and term of the plan created in 2015 to draw down €315 billion of additional investments up to 2018, which was presented in the state of the Union speech by the president of the Commission (see EUROPE 11624).