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EU states endorse investment plan extension
By EUobserver
EU states' ambassadors endorsed on Wednesday an agreement with the European Parliament on an extension to the European fund for strategic investments (EFSI), also known as the 'Juncker Plan'. Under the EU Commission proposal, the fund, which was launched in 2015, will be extended to 2020 with an aim to raise up to €500 billion of additional investments. The Parliament and EU ministers still have to formally approve the plan.