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Image header Agence Europe
Europe Daily Bulletin No. 11922
Contents Publication in full By article 13 / 34
SECTORAL POLICIES / Industry

European Court of Auditors says Guarantee for SMEs should be better targeted

On Thursday 7 September, the European Court of Auditors reached its verdict on two EU loan guarantee programmes for innovative companies and SMEs. The verdict, “there are too many” SMEs that have benefited from these programmes that did not “really need them”. The judges also regret the lack of data provided by the European Commission about the impact of the two programmes.

The analysis of the Court focused on the InnovFin mechanism covering innovative enterprises, as well as the...

Contents

INSTITUTIONAL
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
EXTERNAL ACTION
SOCIAL AFFAIRS
COUNCIL OF EUROPE
COURT OF JUSTICE OF THE EU
NEWS BRIEFS
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