Page 9 - ePaper

What will happen when?

December 2014 / January 2015

 The European Council and the Parliament should endorse the Investment Plan for Europe, including the decision
to set up a European Fund for Strategic Investments and agree to fast-track the adoption of the relevant regulation.
 The Commission proposes the regulation in January 2015.
 The Parliament and Council discuss the regulation with a view to ensure its entry into force by June 2015.
 The European Investment Bank Group starts activities using its own resources.
 Member States should finalise the programming of European Structural and Investment Funds to maximise impact.
 Project identification is accelerated at EU level, based on the report of the Commission-EIB Task Force.
 First steps are taken by the EIB and key stakeholders to build an investment advisory "Hub".

By mid-2015

 The new European Fund for Strategic Investments is operational.
 The European Structural and Investment Funds produce their impact, in synergy with EU programmes.
 A transparent pipeline of projects is in place at EU level, which will be developed over time.
 The new investment advisory "Hub" is operational.
 Follow-up activities have started at EU, national and regional levels, together with relevant stakeholders.
 A dedicated website allows to monitor progress on the Investment Plan in real-time.

By mid-2016

 Progress will be reviewed, including at the level of Heads of State and Government.
 Further options may be considered ahead of the mid-term review of the Multi-annual
Financial Framework.

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