Next month, a new video will be released about “Green Infrastructure”, a strategically planned network of high-quality green spaces and environmental features. With around 80% of the EU’s population now living in towns or cities, taking care of the green infrastructure that breathes life into urban and rural habitats has never been more important. Achieving thriving biodiversity is vital to addressing numerous challenges, from climate change adaptation to long-term economic stability.
The European Progress Microfinance Facility (EPMF), as part of a package of measures set up by the European Commission in response to the financial and economic situation, will be launched on 9 and 10 November during the conference 'Microfinance in Europe' taking place in Brussels.
Promoting entrepreneurship and financial inclusion is indispensible to a European economic recovery. The Facility provides microcredit to SMEs and to vulnerable groups (the unemployed and disadvantaged, young people, immigrants, etc.) who want to start their own businesses.
Anyone who wishes to start a small business could from now on benefit from micro-loans of up to €25,000 under this EU programme, funds to be distributed through national financial intermediaries (banks, microfinance institutions, etc.).
Microfinance is considered by the EU as a crucial tool for achieving the objectives of the Europe 2020 strategy, which aims for smart, sustainable and inclusive growth.
For journalists interested in covering microfinance activities, we offer: