Legal Proposal for EFSI

This proposal creates the necessary legal framework and provides the budgetary allocations for the first two strands of the Plan in the framework of the EU's legal order. Upon adoption of the proposed regulation, it will be implemented jointly by the Commission and the European Investment Bank (EIB), as strategic partners. For the third strand of the Investment Plan concerning the regulatory environment and the removal of barriers to investment, the Commission has set out a first set of actions in its Work Programme, adopted on 16 December 2014.