For a better user experience please update your browser or use Chrome or Firefox browser.
Utilities
Publication detail
HomeFinancial instruments for SMEs co-financed by the European Regional Development Fund. Special Report No 2, 2012
Financial instruments for SMEs co-financed by the European Regional Development Fund. Special Report No 2, 2012
Publication metadata
Small and medium-sized enterprises are the backbone of the EU’s economy, generating employment, innovation and wealth. The Court audited the performance of the Cohesion policy’s financial instruments facilitating their access to finance. The Court found that the effectiveness and efficiency of these instruments were hampered by important shortcomings, mainly due to the inappropriateness of the current Structural Funds Regulations, insufficient quality of needs assessments and widespread delays in their implementation. Finally, the ability to leverage in private investments was poor as compared with other EU programmes for SMEs.
- Published:
- Corporate author(s): European Court of Auditors
- Themes: European Regional Development Fund , Enterprise policy , Community finance
- Subject: aid to undertakings , audit , economic and social cohesion , EU financial instrument , European Regional Development Fund , small and medium-sized enterprises
|
Paper
|
|||
| ISSN 1831-0834 | ISBN 978-92-9237-487-7 | DOI 10.2865/59371 | Catalogue number QJ-AB-11-016-EN-C |
- Released on EU Publications:
Document viewer
Note:
The publication cannot be displayed in the document viewer. Open web version
You may access it from: Download and languages