InvestEU

European Commission wants to double the InvestEU loan programme to €75 billion, but research won’t get any more money

MEPs vote in favour of a deal with the EU Council on InvestEU, which will provide loan guarantees for research and innovation projects

Brussels reaches agreement on outline of €38B loan fund, InvestEU

National governments give the green light for successor to the Juncker Plan, and want to set up an independent committee to help oversee the €38 billion loan guarantee fund

MEPs approve €11.25B for research and innovation, as part of €38B InvestEU loan guarantees programme. The scheme will stimulate additional investment of €650B, the commission claims

EU will put in a guaranteed €38 billion in a bid to catalyse €650B of private investment, of which research, innovation and digital projects will get €200B

Jyrki Katainen tells MEPs they will retain scrutiny over the InvestEU umbrella fund, under which the Commission is proposing to centralise all EU investment schemes

Draft paper outlines how ‘focused, simpler and more transparent’ entity would merge or replace some 40 financial instruments