Special report No 5/2015: Are financial instruments a successful and promising tool in the rural development area?

Awdur (Corfforaethol)
Teitl y Gyfres
Manylion y Gyfres No.05, 2015 (April 2015)
Dyddiad Cyhoeddi 28/04/2015
ISBN 978-92-872-2302-9
ISSN 1831-0834
Math o Gynnwys ,

The European Court of Auditors examined the success of financial instruments (loan and guarantee funds) in rural development during 2007-2013 and their potential for the 2014-2020 period.

It found that they had been unsuccessful, mainly because they were overcapitalised and had not fulfilled their potential in terms of the desired leverage and revolving effects.

As for 2014-2020, despite improvements in the background legislation, the Court concluded that it would still be a considerable challenge to achieve the desired impact.

Dolen Ffynhonnell Link to Main Source http://dx.publications.europa.eu/10.2865/359246
Dolenni Cysylltiedig
ECA, Special Report, No.5, 2015 http://www.eca.europa.eu/en/Pages/DocItem.aspx?did=31658

Categorïau Pwnc
Gwledydd / Rhanbarthau