The ‘Juncker Plan’ for investment is a sufficient success for this pioneering experiment to be extended beyond 2020. However several European institutions have differing views on the real impact that this initiative, which is based on innovative use of the EU budget, has had at this stage.
Questions arise in particular about the uptake by the European Fund for Strategic Investments (EFSI), the financial arm of the ‘Juncker Plan’ managed by the European Investment Bank (EIB), of...