Regional Policy

EUROPEAN COMMISSION

Investing for Growth and Jobs

• Structural Funds and CF investments:

• Annual average 2000-06:

EURO 40 billions, current prices

• Annual average 2007-13:

EURO 52 billions, current prices

Regional Policy

EUROPEAN COMMISSION

Investing for Growth and Jobs

• EIB loans in the EU:• annual average for 2000-

2004: € 36 billions, current prices

• loans in 2005: € 45 billions• 70% of EIB loans in the EU,

for the regions supported by the Structural Funds

Regional Policy

EUROPEAN COMMISSION

Investing for Growth and Jobs

• EIF investments for SMEs, total at the end 2005:

- risk capital, 217 funds, € 3 billions - guarantees, 164 operations, € 9,3 billions

Regional Policy

EUROPEAN COMMISSION

Investing for growth and jobs

• Other IFIs, like • the Council of Europe

Development Bank• EBRD • World Bank• Nordic Investment Bank• Black Sea Trade and

Development Bank

Regional Policy

EUROPEAN COMMISSION

Investing for Growth and Jobs

• Investment needs in the regions of the EU – 27exceed by far available public:

- Financial resources, EU and national

- Management resources

Regional Policy

EUROPEAN COMMISSION

Investing for Growth and Jobs

• Investment challenge could be met only by

-Levering public and private resources

-Enhancing Synergies and complementarities

Regional Policy

EUROPEAN COMMISSION

Investing for Growth and Jobs

• Enhanced cooperation REGIO – EIB Group, other IFIs, EU banking sector for 2007-2013

• New Joint initiatives:

- JASPERS

- JEREMIE

- JESSICA