The InvestEU Programme, until 2021 known as the European Fund for Strategic Investments (EFSI), also called the Juncker Plan, is an initiative of EIB Group and the

European Commission The European Commission (EC) is the primary Executive (government), executive arm of the European Union (EU). It operates as a cabinet government, with a number of European Commissioner, members of the Commission (directorial system, informall ...

aimed at boosting the economy through mobilising private financing for strategic investments. EFSI was established in 2015 through the

EU Regulation A regulation is a legal act of the European Union which becomes immediately enforceable as law in all member states simultaneously. Regulations can be distinguished from directives which, at least in principle, need to be transposed into nation ...

2015/1017. EFSI is one of the three pillars of the Investment Plan for Europe. EFSI is a EUR 16 billion guarantee from the EU budget plus EUR 5 billion from the EIB’s own capital. EFSI has been integrated into the EIB Group and projects supported by EFSI are subject to the normal EIB project cycle and governance. Economists predict that the programme's investments will raise EU GDP by 1.9 trillion and generate 1.8 million jobs by 2022, relative to the baseline scenario.

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* {{Funding programmes of the European Union Economy of the European Union European investment banks International banking institutions Multilateral development banks