In the framework of its Work Plan for Culture 2015-2018, the European Commission publishes a report “Towards More Efficient Financial Ecosystems“.
The report was produced by the ‘open method of coordination’ (OMC) expert group on access to finance for the CCS, whose work began in July 2014 in the framework of the Council Work Plan for Culture for 2011-2014 and was extended under the Council Work Plan for Culture for 2015-2018. The group was composed of Member State experts on culture, enterprise policy and finance.
To overcome the failures and issues impeding CCS’ access to finance, the OMC group makes several recommendations that the Member States and the Commission should implement respectively to their areas of competence.
Download the review of the report or the full report.
