This report offers a first look into the financial gap for agricultural enterprises for short-term and for medium and long-term loans. It is based on established European Commission methodology (Ex-ante assessment of the EU SME Initiative, 2013) and incorporates improved calculations. The input variables are based on updated data from Eurostat, the Farm Accountancy Data Network (FADN) provided by DG AGRI and the SAFE survey. Wherever specific data for the agricultural sector was not available, approximations were used.
Content related to all 28 European Member States
See the latest microfinance advisory news from EaSI TA, including success stories about the European Code of Good Conduct for Microcredit Provision, at https://goo.gl/2537bl. Other new briefing information has been released recently by the European Commission concerning the European Code of Good Conduct for Microcredit Provision.
Manual (Scoping study for the use of financial instruments under the EMFF and related advisory support activities)
The European Structural and Investment Funds (ESIF) policy framework emphasises the need for more use of financial instruments in 2014-2020: the overall aim is therefore to deliver more ESIF funding through financial instruments in the future. To help achieve this, the European Commission, in partnership with the EIB, has set up a single advisory platform on ESIF financial instruments for the programming period 2014-2020. This advisory platform is called fi-compass.
The audit methodology has the objective to assist the European Commission auditors and audit authorities (AAs) for their audits pursuant to Article 127 of Common Provisions Regulation (CPR). The methodology sets out the overall audit approach of the Commission services for carrying out audits of financial instruments in accordance with the applicable rules.
The European Commission’s ‘Audit methodology for auditing financial instruments 2014-2020’ is available here on the fi-compass website.
Annual summary of data on the use of ESIF financial instruments as at 2018 published by the European Commission
The European Commission has published its annual report summarising data on the use of ESIF financial instruments for the period ending December 2018.
Summaries of the data on the progress made in financial instruments – Situation as at 31 December 2018
This publication of the European Commission includes the summaries of data on the progress made in financing and implementing financial instruments supported by European Structural and Investment Funds (ESIF) as at 31 December 2018. The summaries are based on data reported by the managing authorities in accordance with Article 46 of Regulation (EU) No 1303/2013 of the European Parliament and of the Council.
The fi-compass factsheet ‘Supporting the development of Social Finance Ecosystems in Member States under ESF – Lessons learned from the Portuguese Social Innovation Initiative’ is now online and available for download. This publication sets out to help managing authorities that are taking their first steps in supporting the social economy ecosystem in their territories.
You can download the publication by clicking here.
The fi-compass factsheet ‘Supporting the development of Social Finance Ecosystems in Member States under ESF – Lessons learned from the Portuguese Social Innovation Initiative‘ provides step-by-step guidance for the managing authorities willing to support the social economy sector with ESF resources.