This seminar-workshop examines the mixing of grant and loan funding, with guarantees. In particular, we will describe how Structural Funds and the Cohesion Fund might be used alongside the EFSI instrument, the European Fund for Strategic Investment (part of the “Juncker Plan”). EFSI, working with regular EIB loans, exists to lever private funding into projects with a higher degree of risk. We also look at combining ESI Funds with the CONNECT Europe facility, and EFSI.
Today, the European Council appointed Christine Lagarde to be the President of the European Central Bank for a non-renewable term of 8 years. Christine Lagarde will replace the outgoing President, Mario Draghi, as of 1 November 2019.
– Three-column table comparing the institutions’ positions
The Council adopted revised rules for clearing houses in the single market.
The new framework sets out how EU and third country clearing houses should be supervised in the future, taking particular account of the effects of Brexit on the European financial system. It will be implemented through a revision of the European market infrastructure regulation (EMIR).
A summary of the debate is now available.