Investment in infrastructure projects is one of the vital goals of the EU within the Europe 2020 strategy. It is estimated that investment of 1.5 trillion € is needed in 2010-2020 to meet the EU’s ambitious growth targets. The EU will therefore set aside €230 million in guarantees to support the issuance of "project bonds" for EU infrastructure projects.
MEPs and the Council want to introduce these new risk-sharing Instruments during 2012 and 2013 and continue with the initiative under the "Connecting Europe Facility" at the start of the new Multiannual Financial Framework (MFF) in 2014. The outcome of the negotiations will be put to a vote in Parliament's Budgets Committee on 31 May, followed by a vote in the plenary session in July.
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20th February 2019
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