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.
Session 1 – Past experiences and future challenges – priorities for the new legislative term
Session 2 – Digitalisation of Europe’s financial services – opportunities and challenges
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.
Question for written answer P-003276/2019 to the Commission (Rule 138) by Antonius Manders (PPE) on A single market that works for SMEs: introduction of a ‘fast-track’ procedure at the European Court of Justice
On Thursday 24 October 2019, the European Court of Auditors (ECA) will publish a special report on the EU’s centrally managed interventions for venture capital. The auditors examined six venture capital interventions the European Commission set up since 1998 in the area of enterprise, industry and research, including the EU guarantee for EFSI’s SME window. They assessed whether the Commission made good use of its instruments, whether the European Investment Fund (EIF) – which manages the EU-backed venture capital interventions on behalf of the Commission – implemented them properly and whether they mobilised funds from public and private investors.
Today, at the invitation of the Renew Europe Group President Dacian Cioloș and ahead of the EU Summit, the political leadership of the Renew Europe family is meeting for the very first time.