EU Budget: InvestEU Programme to support jobs, growth and innovation in Europe

For the next long-term EU budget 2021-2027, the Commission proposes today to create the InvestEU Programme, bringing EU budget financing in the form of loans and guarantees under one roof.

InvestEU will integratethe multitude of financial programmes currently available and expand the successful model of the Investment Plan for Europe, the Juncker Plan. With InvestEU, the Commission will further boost job creation, investment and innovation in Europe. President Jean-Claude Juncker said: “The Investment Plan for Europe has proven a success when it comes to mobilising private investment and creating jobs in Europe. It has already triggered almost €290 billion in investment that would not have been possible without it, and provided financing for 635,000 small businesses. With InvestEU, we are taking this successful model and expanding it across the many EU financing programmes on offer. We are simplifying, doing more with less, and placing a stronger focus on social investments.” The new programme will consist of the InvestEU Fund, the InvestEU Advisory Hub and the InvestEU Portal.  A press release and memo are available online. Factsheets and legislative proposals are available here.