Increased guarantees for InvestEU in the Omnibus Package

As anticipated in the Competitiveness Compass, among the novelties of the Omnibus Package that the European Commission will present on February 26, there will also be a revision of the InvestEU program to improve support for investments in strategic sectors for the Union's competitiveness. In addition to simplifications, there is talk of an increase in guarantees by 2.5 billion euros.

Omnibus Package: investors urge caution as EU sustainability rules overhauled

In the Competitiveness Compass, there is indeed talk of making targeted changes to InvestEU – the successor to the European Fund for Strategic Investments (EFSI) of the Juncker Plan, which in the 2021-2027 period unifies the Union's financial instruments - “to increase its risk-taking capacity.”

According to a draft seen by ANSA, Brussels aims to mobilize additional investments of 50 billion euros and to do so, it proposes an increase in the public guarantee borne by the EU budget of 2.5 billion, from the current 26.2 to almost 29 billion.

Strengthened Guarantee and Simplifications Coming for InvestEU

The Commission's goal is to continue what was started with the Strategic Technologies for Europe Platform, which allowed redirecting over 6 billion from the Cohesion Policy and about 8.