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HomeThe effectiveness of blending regional investment facility grants with financial institution loans to support EU external policies. Special report No 16/2014
The effectiveness of blending regional investment facility grants with financial institution loans to support EU external policies. Special report No 16/2014
Publication metadata
The Commission and the Member States have set up eight regional investment facilities to support EU external policies. These investment facilities aim at pooling together (blending) grants provided by the European Commission with loans from financial institutions. They contribute to finance key infrastructure projects that require considerable financial resources. The Court examined the effectiveness of blending EU grants with loans from financial institutions. The Court concludes that this blending has been generally effective. The regional investment facilities were well set up but the potential benefits of blending were not fully realised. The Court makes a number of recommendations for the Commission that concern project selection and grant approval, disbursement of funds, monitoring of the implementation of EU grants, and enhancing the visibility of EU aid.
- Published:
- Corporate author(s): European Court of Auditors
- Themes: Development aid , Community finance
- Subject: audit , EU financial instrument , EU investment , EU loan , financial aid , financial institution , investment loan , project management , regional investment , report
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E-book (Epub)
Size:
2 379KB
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| ISSN 1977-5679 | ISBN 978-92-872-1784-4 | DOI 10.2865/88145 | Catalogue number QJ-AB-14-016-EN-E |
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Paper
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| ISSN 1831-0834 | ISBN 978-92-872-1759-2 | DOI 10.2865/85000 | Catalogue number QJ-AB-14-016-EN-C |
- Released on EU Publications:
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