It is important that the financial capacity of InvestEU Fund be increased and used more efficiently when combined with resources that will become available under EFSI and other legacy instruments, namely the CEF Debt Instrument established by Regulation (EU) No 1316/2013 of the European Parliament and of the Council and the InnovFin Debt Facility established under Regulations (EU) No 1290/2013 and (EU) No 1291/2013 of the European Parliament and of the Council, implemented by the EIB Group. Those combinations could reduce the budget revenues from those legacy instruments. However, those combinations would also make it possible to provide an increased volume of guarantee cover for strategic investments in key Union priority areas that can be expected to lead to the mobilisation of an additional investment of around EUR 25 billion and to an increased diversification of risks, without substantially increasing the risks for the Union budget.
Text as published in the Official Journal, reproduced verbatim (including any typographical quirks of the source). For the authentic version, see EUR-Lex.
