The European Banking Federation (EBF) has published a position paper calling for improvements to EU financial instruments and budgetary guarantees to better support the green and digital transitions of the European economy.
Massive amounts of private capital are needed to finance the European economy and its green and digital transitions. Some of these investments will only happen thanks to well-designed financial instruments and budgetary guarantees, especially EU-level guarantees for loans, loan portfolios and securitizations, to mitigate risks and “crowd in” private capital.
European private sector banks have a longstanding engagement in partnering with public sector institutions to finance the desired underlying economic activities. As their pan-European representative, the EBF has come forward with a set of recommendations to improve the functioning of financial instruments and budgetary guarantees so they can be more targeted, standardized, simple, digital and marketable.
The EBF is committed to continued cooperation with the EU and national authorities in the process of streamlining and optimizing these funds.
EBF
© EBF
Key
Hover over the blue highlighted
text to view the acronym meaning
Hover
over these icons for more information
Comments:
No Comments for this Article