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The investment is to be extended until 2020 with an increased capacity, from €315 billion to €500 billion. (Photo: European Commission)

Final talks on Juncker plan extension

The European Parliament, member states and the European Commission on Wednesday (31 May) started the final negotiations on the future of the European Fund for Strategic Investment (EFSI), also called the Juncker investment plan.

The goal is to extend the scheme until 2020, with an increased capacity – from €315 billion to €500 billion.

The fund, which is managed by the European Investment Bank (EIB), has capital of €21 billion. The money is used for viable but risky projects, in ...

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