In response to the COVID-19 pandemic, the European Commission has launched the InvestEU Program, which is uniquely suited to provide long-term funding to companies and to support Union policies in a recovery from a deep economic and social crisis, promoting green growth, employment and well-being across Europe.
The InvestEU Program builds on the successful model of the Investment Plan for Europe, the Juncker Plan which mobilised more than €500 billion in the period 2015-20. With the aim of triggering a new wave – more than €372 billion – in investments using an EU budget guarantee, the InvestEU Program aims to give an additional boost to investment, innovation and job creation in Europe over the period 2021-27