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.
This study investigates the activity of financial intermediaries and guarantee institutions in the agricultural sector in the EU, using information from direct interviews in a selected sample of EU Member States.
This fi-compass report summarises a review of the ex-ante assessments that were undertaken for 131 European Regional Development Fund (ERDF)/ Cohesion Fund (CF) Operational Programmes. The report highlights key trends and common findings that were identified. It also summarises outcomes from the ERDF/CF ex-ante assessments.
EAFRD financial instruments – adequate products for financing rural infrastructures, 13 February 2019, Brussels
The European Commission – Directorate General for Agriculture and Rural Development (DG AGRI) and the European Investment Bank (EIB) are pleased to announce the upcoming fi-compass event ‘EAFRD financial instruments – adequate products for financing rural infrastructures’, to be held on 13 February 2019 in Brussels, Belgium.
This is the third year for the 2014-2020 programming period that the European Commission has produced the summaries of data on the progress made in financing and implementing financial instruments supported by European Structural and Investment Funds. 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.
EU farmers face economic challenges during times of price volatility, such as unexpected changes in market conditions creating uncertainty, which increases the risks both for farmers seeking finance and for financial institutions providing such finance. These circumstances may lead to sub-optimal investment decisions in agriculture, which suggests that EAFRD support through financial instruments for new flexi products could help.
The fi-compass State aid survey was conducted in May and June 2018. It focused on the experience of fi-compass stakeholders of implementing financial instruments under the European Structural and Investment Funds (ESIF) within the State aid rules. The survey, received over 300 responses and provides a good insight into the current practice amongst fi-compass practitioners in this subject area.
FI Campus 2018 side event: MRA working session - Presentation of projects, results and lessons learned
fi-compass will host the “Multi-region assistance for the assessment of the potential use of financial instruments supported by the ERDF, CF, ESF and EAFRD” working session as a side event of FI Campus 2018.
Please click here for the programme of the MRA working session.