Page 4 - ePaper
P. 4
Where will the money come from?









EU guarantee Possible other
public and
private
EUR 16 bn* EUR 5 bn contributions









European Fund for Strategic Investments
EUR 21 bn







EUR 16 bn EUR 5 bn





x 15

Long-term investments SMEs and mid-cap firms
circa EUR 240 bn circa EUR 75 bn



Total extra over 2015-17:
circa EUR 315 bn**



* 50% guarantee = EUR 8 bn from Connecting Europe Facility (3.3), Horizon 2020 (2.7) and budget margin (2)
** Net of the initial EU contributions used as guarantee: EUR 307 bn
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