| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/13/605 (26.06.13) |
| Publication Date | 26/06/2013 |
| Content Type | News |
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The European Commission on 26 June 2013 proposed a new investment fund framework designed for investors who want to put money into companies and projects for the long term. These private European Long-Term Investment Funds (ELTIFs) would only invest in businesses that need money to be committed to them for long periods of time. The proposal will be presented to the Heads of State and Government at the European Council (27-28 June 2013) where long-term financing of the real economy is on the agenda. |
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| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-13-605_en.htm |
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| Subject Categories | Business and Industry, Trade |
| Countries / Regions | Europe |
