SME Chamber President meets MDB Officials
22 April 2024
Malta Chamber of SMEs President Mr Paul Abela met MDB Chairman Leo Brincat and CEO...
Commission adopts measures to promote crowdfunding and other long-term financing for European econom
04 April 2014
The European
Commission adopted a package of measures on 27 March that is designed to
stimulate new ways of financing Europe's long-term investment needs. Investment
needs for transport, energy and telecom infrastructure alone are estimated at
EUR 1 trillion for the period up to 2020.
Moreover, significant investment will
also be needed in human capital and R&D, new technologies and innovation
under the Europe 2020 strategy and the 2030 climate and energy package. The
proposed measures include mobilising private sources of long-term financing
such as occupational pension funds, making better use of public funding such as
national export credit schemes, facilitating SMEs' access to capital markets
and to larger investment pools, and attracting private finance to
infrastructure. The Commission has also proposed a number of actions aimed at
promoting and building confidence in crowdfunding, an emerging alternative form
of financing – usually through the internet – that directly connects those who
can give, lend or invest money with those who need financing for a specific
project.
also be needed in human capital and R&D, new technologies and innovation
under the Europe 2020 strategy and the 2030 climate and energy package. The
proposed measures include mobilising private sources of long-term financing
such as occupational pension funds, making better use of public funding such as
national export credit schemes, facilitating SMEs' access to capital markets
and to larger investment pools, and attracting private finance to
infrastructure. The Commission has also proposed a number of actions aimed at
promoting and building confidence in crowdfunding, an emerging alternative form
of financing – usually through the internet – that directly connects those who
can give, lend or invest money with those who need financing for a specific
project.
