EBRD, EIB jockey for position in revamped Juncker plan

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EBRD, EIB jockey for position in revamped Juncker plan

EIB Building

The European Investment Bank, European Commission and EU member states are struggling to decide how to run InvestEU, a €47bn guarantee from the EU budget supposed to support €650bn in investment, as a successor to the Juncker plan. The Commission is seeking more direct control, while the European Bank for Reconstruction and Development is also after a bigger role.

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