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Financial Instruments in Cohesion Policy 2014-2020

What is the aim?

Building on the implementation experiences with financial instruments in past cohesion policy cycles and reflecting the importance attached to them in the multiannual financial framework 2014-2020, the legislative and policy framework for 2014-2020 encourages further expansion and strengthening the use of financial instruments in the new programming period as a more efficient and sustainable alternative to complement traditional grant-based financing.

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