EFSI operations per country

The EFSI Regulation states that: ‘EFSI should seek to contribute to strengthening the Union’s economic, social and territorial cohesion’. A list of EFSI related activities provides a first view of EFSI to date. It is still too early to draw final conclusions on the long-term impact of EFSI operations on EU regions. Detailed data on the breakup of the EFSI investments in regions could have provided a more in-depth view on the distribution of EFSI ventures on wealthy-backward regions but are nevertheless lacking. However, a look on state statistics of the EFSI so far provides some questionable facts on EFSI’s record regarding the issue of cohesion between EU states. According to the EIB, a portfolio of signed operations reached 26 EU Member States with different tools disproportionately in the period ending December 2016:
• 15 Member States had operations under both the IIW and the SMEW: Belgium, Germany, Ireland, Greece, Spain, France, Italy, Luxembourg, the Netherlands, Austria, Poland, Portugal, Slovakia, Sweden, and the United Kingdom;
• one Member State – Finland – had operations under the IIW only;
• 12 Member States (predominantly in central and eastern Europe) had operations under the SMEW only: Bulgaria, the Czech Republic, Denmark, Estonia, Croatia, Latvia, Lithuania, Hungary, Malta, Romania, Slovenia and Cyprus.