The flagship EU investment fund has mobilised so far €50 billion in investment, the president of the European Investment Bank (EIB) said Thursday (14 January).
“That is 16 percent of the objective of the €315 billion,” the EIB's Werner Hoyer said at a press conference in Brussels.
The fund was announced by EU Commission president Jean-Claude Juncker at the beginning of his mandate in 2014, and is his administration's main tool to get the European economy back up and running.
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