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EFSI: Plan to add €10B to Strategic Investment Fund not justified, says EU accounts watchdog
EFSI: Plan to add €10B to Strategic Investment Fund not justified, says EU accounts watchdog
12 December 2016
Modified: 14 December 2017
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In September the Commission proposed boosting the fund from €16 billion to €26 billion and extending its timeline, just one year after its launch. But with little evidence of EFSI’s achievements, this decision was premature, the court writes in a report released recently.
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