TY - BOOK
T1 - ERDF co-financing of loan-based subsidies
T2 - issues and options relating to the tail-end problem
AU - Yuill, Douglas
AU - Wishlade, Fiona
AU - Downes, R.
AU - Josserand, Francois
AU - Polverari, Laura
AU - Rooney, ML
AU - Taylor, Sandra
AU - Vitale, R
PY - 2001
Y1 - 2001
N2 - Under Structural Fund programmes, expenditure is eligible for co-financing usually only up to two years after the end of the programme period. This is problematic for the co-financing of soft loan schemes with the European Regional Development Fund, where the loans extend beyond the programme period and the necessary subsidies are paid in instalments in arrears, as they are needed, rather than as a lump sum contribution in advance. The subject of the study is to review the methods of co-financing subsidies on such soft loan schemes where such subsidies are still needed after the end of the Structural Funds’ eligibility period due to the loans maturing after that date.
AB - Under Structural Fund programmes, expenditure is eligible for co-financing usually only up to two years after the end of the programme period. This is problematic for the co-financing of soft loan schemes with the European Regional Development Fund, where the loans extend beyond the programme period and the necessary subsidies are paid in instalments in arrears, as they are needed, rather than as a lump sum contribution in advance. The subject of the study is to review the methods of co-financing subsidies on such soft loan schemes where such subsidies are still needed after the end of the Structural Funds’ eligibility period due to the loans maturing after that date.
KW - subsidies
KW - loans
KW - ERDF
KW - European Regional Development Fund
KW - soft loan schemes
UR - http://www.eprc.strath.ac.uk/eprc/projectLookup.cfm?ID=285
M3 - Commissioned report
BT - ERDF co-financing of loan-based subsidies
ER -