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Financing Growth and Cohesion in the Enlarged EU
Brussels, 24 November 2005
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Background

“Sound and efficient financial engineering to enhance growth and cohesion is needed more than ever in the enlarged EU. Closer cooperation between the European Commission and the International Financial Institutions and strengthened capacity building at the level of national and regional institutions can help us to achieve this. The conference aims at bringing together political leaders and experts to discuss our common objective of making Europe a more attractive place to invest and work.“



Danuta Hübner
European Commissioner for Regional Policy


Organised by the European Commission in cooperation with the Presidency of the Council, the European Investment Bank (EIB) and other International Finance Institutions, the conference on “Financing Growth and Cohesion in the Enlarged EU” will take place in Brussels on 24 November 2005, Charlemagne Building. This one-day event is aimed at political leaders and key players in regional development and the banking and finance sector from the 25 Member States, as well as from Romania and Bulgaria.

During the morning session, the Commission and the EIB will present two new initiatives:
  • first, an agreement to create a new service offered to the authorities in the Member States covered by the new convergence objective, especially those eligible for support under the Cohesion Fund, to help them in the task of identifying and preparing high-quality projects for submission to the Commission;
  • second, a proposal for facilitating access to finance for micro-enterprises (very small firms, including one-person enterprises, start-ups, etc). The aim is to promote the development of this important sector which often has the most difficulty in accessing finance from traditional commercial sources.
This session will be followed by three parallel workshops and a concluding plenary session in the afternoon. The morning session will focus on the contribution of the International Finance Institutions to regional development and more particularly to developing public-private partnerships, and perspectives for their reinforced cooperation with the Structural Funds and instruments. The afternoon workshops will focus on best practice and exchange of experience in the financing Regional Policy projects.

Click here for a copy of the programme

For guides and reports of the Regional Policy DG on the subject click here

More about public-private partnerships: