11
Jul
Today the European Commission adopted two new "off-the-shelf", i.e. "ready-to-use" financial instruments for ESI Funds investments, to ease access to funding for young businesses and urban development project promoters.
In the 2014-2020 period, the Commission is encouraging Member States to double their European Structural and Investment (ESI) Fundsinvestments used through financial instruments, such as loans, equity and guarantees, in line with the objectives of the Investment Plan.
Regional Policy Commissioner Corina Crețu said: "Financial instruments are an efficient way to invest in...