The Commission is also working with the European Investment Fund (EIF) to establish a Pan-European Venture Capital Fund-of-Funds that would combine public finance and private capital for additional stimulus and scale for new companies.

The European Commission said it would propose some changes to the venture capital regulatory framework and set up a fund of funds. Together with Eurostat, the Commission said it would “provide further clarity and review, where appropriate, relevant guidance as regards accounting aspects of public-private partnerships”.  The Commission is also working with the European Investment…

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