Content related to all 28 European Member States

Factsheet (Financial gap in the EU agricultural sector)

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.

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.

fi-compass DG MARE Survey featured in DG MARE Farnet newsletter

The fi-compass DG MARE survey is highlighted in the current edition of the Farnet newsletter. The survey seeks feedback from EMFF managing authorities on their experience of using (and not using) financial instruments in the current programming period.

The closing date of the survey is Friday 21st June 2019. All EMFF managing authorities are encouraged to provide feedback to this important survey in order to shape the future use of financial instruments post 2020.

Interview with Phil Hogan, European Commission and Andrew McDowell, European Investment Bank

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Interview with Phil Hogan, European Commissioner for Agriculture and Rural Development, and Andrew McDowell, Vice-President, European Investment Bank, recorded during fi-compass event ‘Addressing price volatility and financing needs of young farmers and agriculture’, on 29 April 2019 in Brussels.

Event page: https://www.fi-compass.eu/event/4804/addressing-price-volatility-and-financing-needs-young-farmers-and-agriculture

EUR 1 billion for Europe’s next generation of farmers

The European Investment Bank (EIB) and the European Commission have launched a EUR 1 billion loans package for agriculture and the bioeconomy with specific targets to support younger farmers, alongside new fi-compass advisory products. The sum will be matched by the implementing financial institutions, thereby mobilising close to EUR 2 billion of long-term financing for SMEs in the sector.