Press Release: Council agrees position on proposal to boost long-term investment in EU economy

The Permanent Representatives Committee agreed on the 25 June 2014, on behalf of the Council, its position on a proposed regulation aimed at increasing the pool of capital available for long-term investment into the EU economy by creating a new form of fund vehicle.

These European long-term investment funds (ELTIFs), by virtue of the asset classes that they would be allowed to invest in, are expected to be able to provide investors with long-term, stable returns.

The creation of clearly defined ELTIFs would tackle barriers to long-term investments in, for example, infrastructure projects, thereby stimulating employment and economic growth.

ESO: Background information: New Funds to make long-term investment easier http://www.europeansources.info/record/press-release-new-funds-to-make-long-term-investment-easier/

European Commission: Rapid: MEMO/13/611: European Long-term Investment Funds - frequently asked questions http://europa.eu/rapid/press-release_MEMO-13-611_en.htm

European Commission: The EU Single market: Investment funds http://ec.europa.eu/finance/investment/index_en.htm

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