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Bucharest
15 July 2019
Economic and financial affairs News

InvestEU: Council agrees its position on an improved instrument to support investment, growth and jobs in the EU

The EU is consolidating its financial offer to support investment and job creation in the Union in a more effective way.

EU ambassadors endorsed the Council’s position on a Commission proposal to bring together under one programme the 14 different financial instruments currently available to support investment in the EU. The agreement excludes budget-related and horizontal issues which are currently being discussed as part of the negotiations on the EU’s next multiannual financial framework (MFF) for the period 2021 to 2027. The position agreed today will serve as the basis for the Presidency in its negotiations with the European Parliament which are set to start as soon as possible. The Council continues constructive work on the location of the Investment Committee Secretariat.

https://www.consilium.europa.eu/en/press/press-releases/2019/02/21/investeu-council-agrees-its-position-on-an-improved-instrument-to-support-investment-growth-and-jobs-in-the-eu/

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