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EU’s Katainen Promotes New EU Risk-Sharing Fund, Says Europe

July 4, 2023
in Trade Tube
Reading Time: 1 min read
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Jyrki Katainen, European Commission Vice-President responsible for Jobs, Growth, Investment, and Competitiveness, discusses the new European Fund for Strategic Investments (EFSI) risk-sharing fund and offers reassurances to foreign investors about Europe’s economic well-being despite Greece. ‘Of course we have to solve the Greek problem, but then at the same time we can be quite confident towards our future,’ he said in an exclusive interview with The Deal’s Renee Cordes. On that front, the EFSI will help pump more private money into the real economy — helping SMEs get their hands on venture capital and other financing — as well as spur m&a by creating a stronger single market for energy, the digital economy and capital in about two years’ time.

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