Greece is at the top of the list of European countries benefiting from the Juncker plan that targets growth, based on the country’s annual economic output, according to a tweet from the European Commission on Friday morning.
The #JunckerPlan is now set to trigger €283.7 billion in investments, representing 90% of the original target. The top five countries benefiting from these growth-focused investments are Greece, Estonia, Bulgaria, Portugal and Spain.
More → https://t.co/T7hKFvSsaj #investEU pic.twitter.com/MiyyJtfa6d— European Commission 🇪🇺 (@EU_Commission) May 10, 2018
The plan will trigger total investments worth 283.7 billion euros, representing 90% of the original target, the tweet adds.
The European Investment Bank has approved for Greece finance from the European Strategic Investment Fund of around 2.4 billion euros and is estimated to bring about investments of 9.2 billion euros for Greece.
On this EU list, Greece is followed by Estonia, Bulgaria, Portugal and Spain.
EU-wide results as of April 2018
EFSI expected to trigger €284 billion in investments
90% of the original €315 billion target met
384 infrastructure and innovation projects approved
398 SME financing agreements approved
around 611,000 SMEs expected to benefit
“The European Commission is confirming Greece’s first place in the development of the Juncker plan,” Alternate Economy and Development Minister Alexis Charitsis told Athens-Macedonian News Agency.
Charitsis adds that “the cooperation between our country and the European Commission and the European Investment Bank is producing significant benefits for the Greek economy.”
EU Commission Investment Plan results by country and sector here.
