Written by Marcin Grajewski
The European Union is moving closer to creating a new investment fund, a flagship idea of European Commission President Jean-Claude Juncker aimed at bolstering economic growth and creating jobs. On 10 March, EU finance ministers gave an initial go-ahead for the planned financial facility, called the European Fund for Strategic Investment (EFSI), by agreeing their position for negotiations on the proposal with the European Parliament (EP).
The Parliament discussed the EFSI plan on 12 March in Strasbourg, and is expected to ask for a bigger role in supervising the fund, it said in a statement. The EP is to vote on its report on the fund on 24 June or at the July plenary session at the latest, allowing for negotiations with EU governments to move full steam ahead.
According to the Commission’s proposal, the fund is to use 21 billion euros of EU seed money to mobilise 315-billion-euros investment in co-operation with private investors for infrastructural and other projects.
This note offers links to a selection of commentaries, studies and reports by some of the major international think tanks and research institutes, which analyse the merits of the proposal.
Egmont, December 23, 2014
Foundation for Progressive European Studies (FEPS), March 3, 2015
Bruegel, December 18, 2014
European Policy Centre (EPC), December 17, 2014
Centre for European Reform (CER), December 1, 2014
European Centre for International Political Economy, November 26, 2014
Centre for European Policy Studies (CEPS), November 27, 2014
Robert Schuman Foundation, March 9, 2015
Bruegel, December 8, 2014
Bruegel, November 28, 2014
Peterson Institute for International Economics, December, 2014
Bruegel, November 24, 2014
Centre for European Policy Studies, November 18, 2014
Confrontations Europe, September 26, 2014
European Added Value Unit, European Parliamentary Research Service (EPRS), November 28, 2014