EU Instruments of Financial Aid

Indicative content

The student will get acquainted with the most important financial instruments that are used in various policies of the European Union - especially in the division into repayable (especially venture capital, loans or guarantee programs) and non repayable forms of assistance (especially grants). These instruments will be analyzed in terms of the various conditions of their use as well as the potential advantages and disadvantages that these instruments have in the economic development of both the supported entities and the state or the European Union itself. Students will get acquainted with the basic principles of creation, implementation, and evaluation of these tools.
Part of the course will be the preparation of their own proposal to create a basic framework for the operation of a selected financial instrument, where students verify the acquired knowledge in their practical application.
- What are financial instruments, basic breakdown and use of these instruments
- Overview of EU financial instruments, repayable vs. non-repayable financial instruments
- Specifics of financial instruments for the public sector
- European Structural and Investment Funds (ESIF) - purpose, development, thematic priorities,
- ESIF budget
- Principles of creating repayable assistance schemes - objectives, individual types of eligibility
- ESIF in the Slovak Republic - method of management, operational programs, financed priorities
- Efficiency and effectiveness of repayable financial instruments
- European Investment Bank schemes - loans
- European Investment Bank schemes - venture capital
- EU initiatives, Financial schemes focusing on social aspects
- EU repayable aid schemes in the Slovak Republic