Preliminary agreement on InvestEU
A preliminary agreement on InvestEU was proposed on 20 of March, the programme aims to boost private and public investment in Europe in the next long-term EU budget 2021-2027. InvestEU builds on the success of the Juncker Plan, or Investment Plan for Europe. Similar to the Juncker Plan, InvestEU is an EU budget guarantee. The guarantee will be at least €38 billion, set to mobilise at least €650 billion. The InvestEU Fund will be accompanied by the InvestEU Advisory Hub – tailored support to project promoters – and the InvestEU Portal – an easily accessible pipeline of mature projects for potential investors.