(14 February 2020) - According to the EIB, the European Strategic Investment Fund of the Investment Plan for Europe is now expected to generate €463 billion of additional investment in the EU.
In February, operations approved under the Investment Plan for Europe amounted to €84.6 billion of funding.
More than 1.1 million start-ups and small and medium-sized enterprises are expected to benefit from improved access to finance.
Currently, the top five countries ranked by order of investment as a proportion of GDP are Greece, Estonia, Portugal, Bulgaria and Spain.
In 2019, investments under the Investment Plan for Europe increased GDP by 0.9% and created 1.1 million jobs.