Background

Objectives
  • Offering loans or guarantees with greater risk capacity
  • Using the 2016 review of the EU's long-term budget (Multiannual Financial Framework) to steer EU funds towards jobs, growth and competitiveness
  • Encouraging national governments to boost growth and investment, within the limits of the EU’s Stability and Growth Pact
  • Freeing small and medium-sized businesses (SMEs) from red tape, to promote entrepreneurship and job creation