Guarantee Fund for External Actions
Briefing
13-12-2018
The Guarantee Fund for External Actions (GFEA) backs loans and loan guarantees granted to non-EU countries, or to finance projects in non-EU countries. Its objectives are to help protect the EU budget against the risks associated with such loans. The main objective of the actions backed by the GFEA is to support the increase of growth and jobs, and to improve the business environment in developing countries by strengthening the involvement of the private sector. The GFEA also contributes to the European External Investment Plan, which addresses the root causes of migration, the ongoing refugee crisis and security-related issues.
Briefing
About this document
Publication type
Author
Policy area
Keyword
- accounting
- budget
- budgetary reserve (EU)
- BUSINESS AND COMPETITION
- closing of accounts
- Community loan
- credit guarantee
- EU finance
- EU institutions and European civil service
- European Investment Bank
- EUROPEAN UNION
- FINANCE
- financial control
- financial institutions and credit
- financial transaction
- free movement of capital
- fund (EU)
- general budget (EU)
- publication of accounts