Sunday, October 19, 2008

The European Commission and the EIB Group launch the JASMINE initiative.

Micro-finance institutions have chosen this year to review the initiative launched by the European Commission in November 2007 for the development of micro-finance in support of growth and employment.

The European Commission and the EIB Group (the European Investment Bank and the European Investment Fund) have developed a joint action known by the acronym JASMINE (Joint Action to Support Micro-finance Institutions in Europe).

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