Co-financing with EU Structural Funds

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Description

 

Beneficiaries of structural funds will have to co-finance projects by 50 percent and will often use loans to cover this share. Banks that should ensure these loans are reluctant to get involved in this kind of lending because of the unclear regulations and guides for implementing the structural programs.

Impact Drivers

Public: Increasing the absorption rate for structural funds and boost economic development.

Private: Co-financing with structural funds is a high potential business for the Romanian banking sector.

Terms of Reference