Report on financial instruments supported by the general budget according to Art.140.8 of the Financial Regulation as at 31 December 2015

The Commission submits to the European Parliament and the Council its annual report on the activities relating to EU-level financial instruments for internal and external Union policy areas, supported by the Union budget and managed directly or indirectly by the Commission, as required by Article 140(8) of the Financial Regulation. This is the third edition of the reporting under that provision.

The report provides a comprehensive overview of progress to date in the implementation of 2007-2013 and 2014-2020 financial instruments, ensuring transparency and accountability in the use of taxpayers’ money. It demonstrates that centrally managed financial instruments have achieved substantial financial leverage and shows – on the basis of the currently available evidence – how the instruments pursued their policy objectives.

• Primary Source

EUR-Lex: SWD(2016)335: Activities relating to financial instruments http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=SWD:2016:335:FIN

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