ACCESS TO COMMUNITY FINANCE

Authors : Marmara Üniversitesi AVRUPA TOPLULUĞU ENSTİTÜSÜ

Pages : 312-330

View : 16 | Download : 12

Publication Date : 1992-12-29

Article Type : Research Paper

Abstract :Whilst the Member States have to contribute to the Community budget they also enjoy access to Community financial resources. This is an important benefit of the membership especially in the cases of the less affluent countries. The Community budget comprises a number of funds which promote Community objectives by financing suitable projects. In addition, finance is available from specialised Community institutions such as the European Investment Bank. Community finance can take the form of grants, low-interest loans, or participation in contracts funded by the Community,,
Keywords : ACCESS, COMMUNITY, FINANCE