Efstathios Chaitas is a cereal producer in Grevena, Greece. Thanks to the EAFRD Guarantee Fund he was able to modernise his farm and make it more sustainable by investing in a brand-new tractor and attachments. This helped the business lower production and operational costs and reduce the CO2 emissions.

The EAFRD guarantee instrument showcased in the video aims to improve access to finance conditions for agricultural and agri-food enterprises in Greece to help beneficiaries get their investment projects off the ground.

Latteria Sociale Valtellina is a cooperative of more than 100 members producing cow’s and goat’s milk in the Lombardy region of Italy. With the support of a loan financed by an EAFRD financial instrument, the cooperative could renovate its main production hall, purchase new machines for pasteurising and bottling milk, build a new laboratory and install photovoltaic panels, making considerable savings on production costs, water, and energy.

The EAFRD Credit Fund supported agri-food companies in Lombardy, Italy, to increase value added along the entire food production chain.

Watch the full recording of the webinar 'Audit of Financial Instruments in the 2021-2027 Programming Period', jointly organised by the EC (DG REGIO) and the EIB. Held on Thursday, 21 March 2024, this online event focused on the updated audit methodology, system audits, audit and control of financial instruments design and setup, verification of expenditure for eligible purposes, payments, and sampling techniques.