Structural Programme Loans: Blending European Structural and Investment Funds with EIB Loans journal article Eugenia Kazamaki Ottersten, Maria K. Sioliou European Structural and Investment Funds Journal, Volume 2 (2014), Issue 2, Page 126 - 133 Taking as a starting point the support of the European Investment Bank (EIB) to the less developed EU regions in the last 50 years,, this paper highlights the use of Structural Programme Loans (SPLs): An EIB instrument that complements EU grants with EIB loans, creating leverage through blending with public/private funds and EU grants, and facilitates the implementation of the National Strategic Reference Programmes. Furthermore, the EIB’s dual identity, as a European institution and as a bank, enables the creation of institutional synergies in the implementation of SPLs and magnifies their impact on the implementation of cohesion policy. The lessons learnt during the 2007-2013 programming period, especially on institutional synergies, will be of utmost importance in the 2014-2020 programming period, in order to further develop the SPLs and spread their use for the mutual benefit of the Member States, the European Commission, and the EIB in the present relatively turbulent financial context.
The Audit Authority’s Role within the Single Audit Concept as Governance Principle in the EU’s Cohesion Policy Marcel Bode