Page 5 - Juncker Plan News Today

  In the year of the worst global health and economic crisis for generations, the European Investment Bank (EIB) Group rapidly redirected its business to fight the COVID-19 pandemic and its economic consequences on all fronts. It increased financing volumes to €76.8 billion, exceeding its own targets. A third of these funds, €25.5 billion, went into the immediate crisis response that started with a first package in March. Most of it went to small and medium-sized businesses to avoid insolv...

Écrit par Luxembourg for Finance Publié Le 06.01.2021 • Édité Le 07.01.2021 Partager Tous les 15 jours, Nicolas Mackel, CEO de Luxembourg for Finance, invite des leaders de haut niveau des secteurs européen et mondial des services financiers à partager leur point de vue dans le podcast Shaping Finance. L’invité du neuvième épisode est Jean-Claude Juncker, l’ancien président de la Commission européenne. Welcome to the podcast that shares the views of high-level leaders in the E...

A major new investment in a technical university cements the reputation of the Romanian city of Cluj as a hotbed of talent, innovation and technology. The Transylvanian city of Cluj, which earlier this year became the first in emerging Europe to make it to the final stage of the European Capital of Innovation Award, has for some time been viewed as Romania’s leading hub of technology and innovation. In a nod to this success, and with a view to building on it, the city’s Technical University...

News & Politics December 22, 2020 Poland has 58 approved projects under the European Fund for Strategic Investments, the finance minister said on Tuesday. The fund is a central pillar of the Investment Plan for Europe, sometimes called the Juncker Plan, which focuses on strengthening European investments to create jobs and growth. "In terms of the number of projects approved by the European Fund for Strategic Investments (EFSI) we are fourth in the European Union...

Having undergone a significant transformation that raised its public profile, the European Investment Bank (EIB) is set to occupy an increasing role in bridging development gaps between the EU’s regions while raising funds for greening, but public finance watchers warn  that hitting targets will not be easy. The EIB is an often overlooked actor of European Cohesion, with roughly a third of its €70-80 billion yearly landing falling under its objective to decrease disparities between the blo...

Faced with tight deadlines to programme recovery and new cohesion funds while still implementing projects from the previous budgetary period, EU countries may be tempted to forget about repayable Union assistance, warned Portuguese MEP José Manuel Fernandes, in which case a lot of cheap money would be left on the table. Countries across the bloc will have to programme 70% of €672.5 billion recovery fund — out of which only €312.5 billion are grants and the rest are loans — by 2022 and ...