In 2014, newly elected Commission President Juncker pushed to create the European Fund for Strategic Investments (EFSI), the aim of creating jobs and stimulating growth. With guarantees offered by the fund and the involvement of the European Investment Bank, the plan was to use €21 billion to leverage €315 billion of investment in the European economy. The EFSI legislative process was very fast with legislation emerging in just a year, with the first EFSI regulation appearing in mid-2015. Using policy frame analysis, this article zooms in on the discursive patterns of the European Commission, European Parliament and Council, expecting to find transport infrastructure a key theme given the low investment levels in this sector after the financial crisis in 2008. Analysing key documents at two periods in time, and drawing on interviews with officials, it explores the arguments used to make the case for EFSI and how these changes over time, leading to the extension of EFSI through an amended regulation in December 2017. In so doing, it shows the strategic positions of the institutions during Agenda-setting for EFSI. Moreover, he article explores questions of legitimacy and accountability. It reveals how key events including the Paris Agreement on climate change (December 2015) and Brexit referendum (June 2016) increased the persuasiveness of its framing.

中文翻译：

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构建欧洲战略投资基金：欧盟制度话语的比较分析

In 2014, newly elected Commission President Juncker pushed to create the European Fund for Strategic Investments (EFSI), the aim of creating jobs and stimulating growth. 在该基金提供的担保和欧洲投资银行的参与下，该计划将使用 210 亿欧元来撬动对欧洲经济的 3150 亿欧元投资。EFSI 立法过程非常迅速，仅一年就出现了立法，第一个 EFSI 法规出现在 2015 年年中。本文使用政策框架分析，重点关注欧盟委员会、欧洲议会和理事会的讨论模式，预计在 2008 年金融危机后该行业的投资水平较低的情况下，交通基础设施将成为一个关键主题。分析关键文件两个时间段，并利用对官员的采访，它探讨了用于为 EFSI 提供理由的论点以及这些论点如何随着时间的推移而变化，从而通过 2017 年 12 月的修订法规来扩展 EFSI。这样做，它显示了机构在制定 EFSI 议程期间的战略地位. 此外，他的文章探讨了合法性和问责制问题。它揭示了包括气候变化巴黎协定（2015 年 12 月）和英国脱欧公投（2016 年 6 月）在内的关键事件如何增加其框架的说服力。