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The European Investment Fund (EIF) and the European Commission are announcing a new initiative to help micro-credit and social enterprise finance providers develop their businesses under the EU Programme for Employment and Social Innovation (EaSI).
The European Commission has proposed to provide Spain with €856,800 from the European Globalisation Adjustment Fund (EGF) to help 250 former car workers in the Spanish community Comunidad Valenciana (Spain) to find new jobs.
More than EUR 1 billion has been mobilised to support over 100,000 micro-entrepreneurs in 23 EU member states under the Progress Microfinance and the Employment and Social Innovation (EaSI) programmes.
Today, the European Commission adopted a Communication that highlights the main achievements of the Youth Guarantee and Youth Employment Initiative (YEI) since their launch in 2013 and draws lessons on how to improve the EU and national efforts on deploying national Youth Guarantee schemes.