Brussels, 27/06/2016 (Agence Europe) - Despite the current stormy news, the Commission is gearing up to present a financing guarantee worth €121 million for the cultural and creative sectors, on Thursday 30 June. It is subsequently hoping to generate bank loans worth a total amount of €600 million.
This initiative was announced by the Commissioner for the Digital Economy and Society, Gunther Oettinger, during the Cannes Festival in May 2016. Its aim is to enhance financing capacity for...