EC and EIB launch new advisory service on financial instruments
This service is part of the "one stop shop" advisory hub, to be launched as an important part of the EU Investment Plan. The Investment Plan set as target to double the use of financial instruments in 2014-2020; by using them, the return of each euro invested in the Member States will be increased. Fi-compass, set up by the European Commission and the EIB, is intended to better equip and strengthen the expertise of the managing authorities and stakeholders working with these financial instruments.This new fi-compass platform was launched during a two-day conference on 19th and 20th January. One of the workshops at this confernence focussed on "Implementing financial instruments in the EMFF". The aim was to present possible uses of financial instruments in EMFF sectors and to get some feed-back from the Member States on this regard. For more information go to ec.europa.eu