Percorso:ANSA > Nuova Europa > Latvia > Juncker plan reaches 225bn, funds to council homes
Juncker plan reaches 225bn, funds to council homes
Two thirds threshold exceeded, target is 315bn
24 July, 16:41
(ANSA) - BRUSSELS - Two years since its inception, the Juncker
investment plan has so far raised 225bn euros, or more than
two-thirds of the target, that is 315bn. Operations approved
under the EFSI, its operational tool, cover a total funding of
over 43bn and are located in all 28 member countries. The EIB
approved 276 operations backed by 33.7bn of EFSI funds. As part
of the Juncker plan, 296 financing agreements for SMEs were also
approved, with 10bn in support from the EFSI. There are about
445,000 small and medium businesses that will benefit from these
agreements. The latest projects include 150mn to modernize the
broadband in Greece, 30mn to finance equipment construction at
the University of Latvia and 125mn to support over 2,000 council
homes in Barcelona. (ANSA).
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