22 Feb 2016
EUROPEAN COMMISSION DAILY NEWS – 22 FEBRUARYBrussels Daily
Investment Plan for Europe: new guidelines on combining European Structural and Investment Funds with the EFSI
Today the Commission, in partnership with the European Investment Bank (EIB), is publishing guidelines to help local authorities and project promoters make full use of the opportunities of combining European Structural and Investment (ESI) Funds with the European Fund for Strategic Investments, the heart of the Investment Plan for Europe. The brochure provides an overview of the possible combinations of EFSI and ESI Funds, either at project level or through a financial instrument such as an investment platform. European Commission Vice-President Jyrki Katainen, responsible for Jobs, Growth, Investment and Competitiveness, said: “The EFSI was created to be as flexible as possible and there are huge opportunities for project promoters to apply for EFSI financing as well as ESI Funds”. Commissioner for Regional Policy, Corina Creţu, said: “Achieving the objectives of the Investment Plan for Europe is a joint effort and all sources and actors need to be mobilised”. For more information see the press release and Q&A.