Even though Regulations do not restrict providing support to beneficiaries only in the form of grants, they have been a main delivery tool in the EU Cohesion Policy for 30 years.In the 2000-2006 programming period, financial instruments (FIs) were introduced in the EC’s centrally managed policies. In the 2014-2020 programming period, around 6% of the ESIF budget is estimated to be delivered through financial instruments.Financial instruments are not made to replace grants. They can be used i ...

Start On: 18 November 2020 09:45

Location: Online