Investing €650 billion in a booming future

Today S&D MEP Roberto Gualtieri achieved as lead negotiator for the European Parliament, a positive result for more investments in jobs and sustainable growth in Europe. The kick-off of the new investEU tool will be January 2021.

Roberto Gualtieri, chair of the economic and monetary affairs committee and lead negotiator on investEU, said:

“With investEU we are shaping the future of the EU towards more investments to support small and medium-sized enterprises (SMEs), as well as local projects. The programme is a key partnership between the European Commission, the European Investment Bank (EIB) and the national promotional banks.

“The S&D Group was the frontrunner to link the investEU tool with a strong incentive to support Environmental, Social and Governance (ESG) projects, promoting culture, and in ensuring ethical and sustainable finance.

“This investment programme can also be seen as a measure against populism and the negative narrative against Europe. We will ensure to make the investEU projects visible to the citizens with a progressive approach and a move for a positive change for Europe.”