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Microcredit and EU Cohesion Policy

Lopriore,, Marco and Pati,, Diana (2012) Microcredit and EU Cohesion Policy. EIPAScope, 2012 (1). pp. 43-47. ISSN 1025-6253

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    After nearly four years of the most serious financial and economic crisis Europe has seen in 80 years, most EU Member States are facing high budget deficits, growing public debts, while most entrepreneurs are facing difficulties in accessing finance due to the credit crunch. Meanwhile there are more than 23 million unemployed in the EU and unemployment rates have reached an average of 10% and more than 20% in Greece and Spain1. Microcredit can provide an answer to the employment challenges caused by the current economic crisis and to reach the 75% employment target rate set in the Europe 2020 strategy.

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    Item Type: Article
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > regional policy/structural funds
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Journals > European Institute of Public Administration (Maastricht) > EIPASCOPE
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 06 Sep 2013 15:38
    Number of Pages: 5
    Page Range: pp. 43-47
    Last Modified: 06 Sep 2013 15:38

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