Page 2 - ePaper
P. 2
Contents
1. What did the Commission propose today, what are the elements of the proposal?..................... 5
2. What are the next steps? ................................................................................................................ 5
3. When will EFSI be operational?............................................................................................. .......... 5
4. What is the EFSI's governance structure? Who will decide on the investment guidelines? .......... 6
5. How will the EFSI governance structure ensure independence from the public and private
contributors?.................................................................................................................. ................. 6
6. What is the role of the EIB board in the decision making?............................................................. 6
7. What is the role of the European Parliament and the Court of Auditors in the monitoring of the
EFSI? .......................................................................................................................... ...................... 6
8. How will the Commission encourage the participation of Member states to the Fund in a
coordinated way?............................................................................................................... ............. 7
9. How can Member States contribute? ............................................................................................. 7
10. Will national contributions to the future European Fund for Strategic Investments count as part
of countries’ deficit or debt and will these be taken into account in the application of the Pact? 8
11. How will the Stability and Growth Pact facilitate national contributions to the Fund? ................. 8
12. Why would governments invest in the Fund if there's no guarantee that their projects would be
financed? ...................................................................................................................... ................... 9
13. How can National Promotional Banks contribute (money/staff)?................................................ 10
14. What type of projects will the EFSI support?................................................................................ 10
15. What criteria will be used to select projects? Which projects will be financed? ......................... 10
16. One of the selection criteria for the projects is that they "have the potential to leverage other
sources of funding". How will this criterion be applied in practice? Won't every project that
receives an EU guarantee become more attractive and therefore have the potential to leverage
other sources of funding? ...................................................................................................... ....... 11
17. Can the EFSI be used to finance nuclear energy projects? ........................................................... 11
18. Who will manage the pipeline of projects? .................................................................................. 12
19. How will the EFSI intervene concretely to finance investments projects?................................... 12
20. How will the EFSI intervene concretely on long-term investment projects, notably on projects
which demand a large share of public investments (50% or more)?............................................ 12
21. What would be the difference between the current EIB-financed projects and the projects that
could be finances by the EFSI? ...................................................................................................... 12
22. How will the Commission ensure that the projects financed by the EFSI are in line with the
Europe 2020 strategy? .......................................................................................................... ........ 13
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1. What did the Commission propose today, what are the elements of the proposal?..................... 5
2. What are the next steps? ................................................................................................................ 5
3. When will EFSI be operational?............................................................................................. .......... 5
4. What is the EFSI's governance structure? Who will decide on the investment guidelines? .......... 6
5. How will the EFSI governance structure ensure independence from the public and private
contributors?.................................................................................................................. ................. 6
6. What is the role of the EIB board in the decision making?............................................................. 6
7. What is the role of the European Parliament and the Court of Auditors in the monitoring of the
EFSI? .......................................................................................................................... ...................... 6
8. How will the Commission encourage the participation of Member states to the Fund in a
coordinated way?............................................................................................................... ............. 7
9. How can Member States contribute? ............................................................................................. 7
10. Will national contributions to the future European Fund for Strategic Investments count as part
of countries’ deficit or debt and will these be taken into account in the application of the Pact? 8
11. How will the Stability and Growth Pact facilitate national contributions to the Fund? ................. 8
12. Why would governments invest in the Fund if there's no guarantee that their projects would be
financed? ...................................................................................................................... ................... 9
13. How can National Promotional Banks contribute (money/staff)?................................................ 10
14. What type of projects will the EFSI support?................................................................................ 10
15. What criteria will be used to select projects? Which projects will be financed? ......................... 10
16. One of the selection criteria for the projects is that they "have the potential to leverage other
sources of funding". How will this criterion be applied in practice? Won't every project that
receives an EU guarantee become more attractive and therefore have the potential to leverage
other sources of funding? ...................................................................................................... ....... 11
17. Can the EFSI be used to finance nuclear energy projects? ........................................................... 11
18. Who will manage the pipeline of projects? .................................................................................. 12
19. How will the EFSI intervene concretely to finance investments projects?................................... 12
20. How will the EFSI intervene concretely on long-term investment projects, notably on projects
which demand a large share of public investments (50% or more)?............................................ 12
21. What would be the difference between the current EIB-financed projects and the projects that
could be finances by the EFSI? ...................................................................................................... 12
22. How will the Commission ensure that the projects financed by the EFSI are in line with the
Europe 2020 strategy? .......................................................................................................... ........ 13
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