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Intereconomics

, Volume 53, Issue 6, pp 326–331 | Cite as

Financial Instruments and Promotional Banking in the EU are Growing — But is this Justified?

  • Jorge Núñez FerrerEmail author
Articles Investment Policy
  • 11 Downloads

Abstract

Institutions and the European Investment Bank are at the forefront of EU investment policy. Their role is expanding and it is now a widely-held position that an improvement in the economy will not eliminate the need for their intervention. The proposals for the 2021–2027 MFF launch more financial instruments and present ‘InvestEU’ as a larger more powerful version of the European Fund for Strategic Investments (EFSI). However, promotional banking is often misunderstood and so is the actual size of promotional banking in Europe in which InvestEU will operate.

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Copyright information

© ZBW and Springer-Verlag GmbH Germany, part of Springer Nature 2018

Authors and Affiliations

  1. 1.Department of EconomicsCentre of European Policy StudiesBrusselsBelgium

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