Ad
Projects include offshore wind farm projects, installation of smart meters in homes, and motorways. (Photo: Kim Hansen)

Juncker fund: €50bn mobilised so far

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.

Get EU news that matters

Back our independent journalism by becoming a supporting member

Already a member? Login here
Ad
Ad