Investment plan for Europe: green light for 4 projects in France, financing of 100 million euros

 The investment plan for Europe - the "Juncker Plan" - was spotted last week in France with four projects having received the green light for a total funding of 100 million euros. The projects cover a wide range of sectors, from renewable sources to cybersecurity. Each project has received funding from the European Investment Bank (EIB) and is covered by a guarantee from the European Investment Fund (SIEF), which is the pillar of the Juncker Plan. Pierre Moscovici , Commissioner for Economic and Financial Affairs, Taxation and Customs, said:"Last week, the Juncker Plan financed four highly innovative projects in France for a total of 100 million euros. From low-emission cars to new cybersecurity systems, more and more citizens and businesses in France feel tangibly the positive impact of the Juncker Plan. Each of these projects is high-risk, which is why support from the European Investment Fund and the European Investment Bank is so important to help them get started. "

 

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