10,000 Polish companies may benefit from Juncker's plan

As many as 10,000 Polish SMEs are eligible to get loan guarantees from the European Fund for Strategic Investments, under the so called Juncker plan, said Marzena Guz-Vetter, head of the European Commission Representation in Poland. "We have around 40 infrastructural projects and 80,000 small and medium sized companies, including 10,000 from Poland," Guz-Vetter said. "To date, investment projects have been launched in 22 member states worth €46 billion in total, which comprise guarantees, subsidies and companies' own means." EFSI is the EU's flagship investment vehicle which has an objective to stimulate economic growth. As much as €315 billion is planned for investment in the next three years.