On Tuesday 22 January, the European Finance Ministers supported the proposal submitted to them on the governance of InvestEU, the programme designed in particular to take over from the ‘Juncker’ investment plan after 2020.
The proposed arrangements reflect a balance between the European Investment Bank (EIB), which wishes to preserve its banking role in the management of the European Fund for strategic investments (ESIF) under the Juncker plan, and the European Commission, which...