The Juncker plan mobilized 335 billion euros. The European Union, through the European Fund for Strategic Investments (EFSI), put around twenty billion euros of public credit on the table. This initial investment was multiplied by fifteen thanks to a leverage effect in the markets and among multiple private and public investors.
According to Brussels, about 10.4 billion euros went to French companies.
France did not go unnoticed. The assessment of the Juncker investment plan, launched in 2015 to respond to the shock of the financial crisis, revealed that France was the primary beneficiary of this vast program dedicated to innovative industrial projects in the 28 states of the European Union.
According to Brussels’ figures, French companies received 10.4 billion euros in the form of loans, guarantees, equity stakes, slightly more than Italian (8.2 billion) or Spanish (7.3 billion) companies. However, if these amounts are related to the GDP of the states, the ranking changes in favor of Greece, the Baltic countries, and Bulgaria.
In France, the plan mainly supported three sectors and the financing of projects that might not have otherwise materialized: energy transition (32%), innovation (32%), and digital (15%).
