.tb-button{color:#f1f1f1}.tb-button--left{text-align:left}.tb-button--center{text-align:center}.tb-button--right{text-align:right}.tb-button__link{color:inherit;cursor:pointer;display:inline-block;line-height:100%;text-decoration:none !important;text-align:center;transition:all 0.3s ease}.tb-button__link:hover,.tb-button__link:focus,.tb-button__link:visited{color:inherit}.tb-button__link:hover .tb-button__content,.tb-button__link:focus .tb-button__content,.tb-button__link:visited .tb-button__content{font-family:inherit;font-style:inherit;font-weight:inherit;letter-spacing:inherit;text-decoration:inherit;text-shadow:inherit;text-transform:inherit}.tb-button__content{vertical-align:middle;transition:all 0.3s ease}.tb-button__icon{transition:all 0.3s ease;display:inline-block;vertical-align:middle;font-style:normal !important}.tb-button__icon::before{content:attr(data-font-code);font-weight:var(--tb-button-icon-weight, normal) !important}.tb-button__link{background-color:#444;border-radius:0.3em;font-size:1.3em;margin-bottom:0.76em;padding:0.55em 1.5em 0.55em} .tb-button[data-toolset-blocks-button="bb3217f8a9266ce6ce56444342ac3bcc"] { text-align: center; } .tb-button[data-toolset-blocks-button="bb3217f8a9266ce6ce56444342ac3bcc"] .tb-button__link { background-color: rgba( 39, 67, 104, 1 );margin-top: 0px;font-size: 14px; } .tb-button[data-toolset-blocks-button="bb3217f8a9266ce6ce56444342ac3bcc"] .tb-button__link:hover { background-color: rgba( 30, 41, 59, 1 );font-size: 14px; } .tb-grid,.tb-grid>.block-editor-inner-blocks>.block-editor-block-list__layout{display:grid;grid-row-gap:25px;grid-column-gap:25px}.tb-grid-item{background:#d38a03;padding:30px}.tb-grid-column{flex-wrap:wrap}.tb-grid-column>*{width:100%}.tb-grid-column.tb-grid-align-top{width:100%;display:flex;align-content:flex-start}.tb-grid-column.tb-grid-align-center{width:100%;display:flex;align-content:center}.tb-grid-column.tb-grid-align-bottom{width:100%;display:flex;align-content:flex-end} .wpv-view-output[data-toolset-views-view-editor="4b8cea5e8c7594153cc999f55fcee34a"]  > .tb-grid-column:nth-of-type(1n+1) { grid-column: 1 } .wpv-view-output[data-toolset-views-view-editor="4b8cea5e8c7594153cc999f55fcee34a"] .js-wpv-loop-wrapper > .tb-grid { grid-template-columns: minmax(0, 1fr);grid-column-gap: 0px;grid-auto-flow: row } .wpv-pagination-previous-next-buttons[data-toolset-views-view-pagination-block="517baeefb291a562a82190251d8b165d"] { text-align: center;text-align: center; } .wpv-pagination-previous-next-buttons[data-toolset-views-view-pagination-block="517baeefb291a562a82190251d8b165d"] > a, .wpv-pagination-previous-next-buttons[data-toolset-views-view-pagination-block="517baeefb291a562a82190251d8b165d"] > span { margin-top: 35px; } .wpv-block-loop-item[data-toolset-views-view-template-block="2ec117ee54cc45cbe8f7b5ad704ae875"] { padding-bottom: 15px;border-top: 0px dashed rgba( 0, 0, 0, 1 );border-right: 0px dashed rgba( 0, 0, 0, 1 );border-bottom: 1px dashed rgba( 117, 117, 117, 1 );border-left: 0px dashed rgba( 0, 0, 0, 1 ); } .tb-field[data-toolset-blocks-field="75099b9842056997322a2bbdc8cdd62c"] { line-height: 1.2em;text-align: center;padding-bottom: 0px;margin-bottom: 0px; }  .tb-field[data-toolset-blocks-field="75099b9842056997322a2bbdc8cdd62c"] a { color: rgba( 169, 157, 20, 1 ); } .tb-field[data-toolset-blocks-field="75099b9842056997322a2bbdc8cdd62c"] a:hover { color: rgba( 226, 232, 240, 1 ); } .tb-field[data-toolset-blocks-field="8cc1e3e59322359f47b801899cadef23"] { font-size: 23px;font-family: Frank Ruhl Libre;font-weight: regular;text-align: center;color: rgba( 255, 255, 255, 1 );margin-bottom: 35px; }   .tb-button{color:#f1f1f1}.tb-button--left{text-align:left}.tb-button--center{text-align:center}.tb-button--right{text-align:right}.tb-button__link{color:inherit;cursor:pointer;display:inline-block;line-height:100%;text-decoration:none !important;text-align:center;transition:all 0.3s ease}.tb-button__link:hover,.tb-button__link:focus,.tb-button__link:visited{color:inherit}.tb-button__link:hover .tb-button__content,.tb-button__link:focus .tb-button__content,.tb-button__link:visited .tb-button__content{font-family:inherit;font-style:inherit;font-weight:inherit;letter-spacing:inherit;text-decoration:inherit;text-shadow:inherit;text-transform:inherit}.tb-button__content{vertical-align:middle;transition:all 0.3s ease}.tb-button__icon{transition:all 0.3s ease;display:inline-block;vertical-align:middle;font-style:normal !important}.tb-button__icon::before{content:attr(data-font-code);font-weight:var(--tb-button-icon-weight, normal) !important}.tb-button__link{background-color:#444;border-radius:0.3em;font-size:1.3em;margin-bottom:0.76em;padding:0.55em 1.5em 0.55em} .tb-button[data-toolset-blocks-button="d245e8ce1148ebb01e98f01b895df915"] { text-align: center; } .tb-button[data-toolset-blocks-button="d245e8ce1148ebb01e98f01b895df915"] .tb-button__link { background-color: rgba( 169, 157, 20, 1 );padding-top: 5px;margin-top: 15px;font-size: 16px; } .tb-button[data-toolset-blocks-button="d245e8ce1148ebb01e98f01b895df915"] .tb-button__link:hover { background-color: rgba( 30, 41, 59, 1 );font-size: 16px; } .tb-button[data-toolset-blocks-button="d245e8ce1148ebb01e98f01b895df915"] .tb-button__icon { font-family: FontAwesome; } .tb-button[data-toolset-blocks-button="d245e8ce1148ebb01e98f01b895df915"] .tb-button__icon::before { content: '\f1c1'; } .tb-grid,.tb-grid>.block-editor-inner-blocks>.block-editor-block-list__layout{display:grid;grid-row-gap:25px;grid-column-gap:25px}.tb-grid-item{background:#d38a03;padding:30px}.tb-grid-column{flex-wrap:wrap}.tb-grid-column>*{width:100%}.tb-grid-column.tb-grid-align-top{width:100%;display:flex;align-content:flex-start}.tb-grid-column.tb-grid-align-center{width:100%;display:flex;align-content:center}.tb-grid-column.tb-grid-align-bottom{width:100%;display:flex;align-content:flex-end} .wpv-view-output[data-toolset-views-view-editor="3b6d7f11497ef1f4c5088ab0e9773f84"]  > .tb-grid-column:nth-of-type(1n+1) { grid-column: 1 } .wpv-view-output[data-toolset-views-view-editor="3b6d7f11497ef1f4c5088ab0e9773f84"] .js-wpv-loop-wrapper > .tb-grid { grid-template-columns: minmax(0, 1fr);grid-column-gap: 0px;grid-row-gap: 0px;grid-auto-flow: row } @media only screen and (max-width: 781px) { .tb-button{color:#f1f1f1}.tb-button--left{text-align:left}.tb-button--center{text-align:center}.tb-button--right{text-align:right}.tb-button__link{color:inherit;cursor:pointer;display:inline-block;line-height:100%;text-decoration:none !important;text-align:center;transition:all 0.3s ease}.tb-button__link:hover,.tb-button__link:focus,.tb-button__link:visited{color:inherit}.tb-button__link:hover .tb-button__content,.tb-button__link:focus .tb-button__content,.tb-button__link:visited .tb-button__content{font-family:inherit;font-style:inherit;font-weight:inherit;letter-spacing:inherit;text-decoration:inherit;text-shadow:inherit;text-transform:inherit}.tb-button__content{vertical-align:middle;transition:all 0.3s ease}.tb-button__icon{transition:all 0.3s ease;display:inline-block;vertical-align:middle;font-style:normal !important}.tb-button__icon::before{content:attr(data-font-code);font-weight:var(--tb-button-icon-weight, normal) !important}.tb-button__link{background-color:#444;border-radius:0.3em;font-size:1.3em;margin-bottom:0.76em;padding:0.55em 1.5em 0.55em}.tb-grid,.tb-grid>.block-editor-inner-blocks>.block-editor-block-list__layout{display:grid;grid-row-gap:25px;grid-column-gap:25px}.tb-grid-item{background:#d38a03;padding:30px}.tb-grid-column{flex-wrap:wrap}.tb-grid-column>*{width:100%}.tb-grid-column.tb-grid-align-top{width:100%;display:flex;align-content:flex-start}.tb-grid-column.tb-grid-align-center{width:100%;display:flex;align-content:center}.tb-grid-column.tb-grid-align-bottom{width:100%;display:flex;align-content:flex-end} .wpv-view-output[data-toolset-views-view-editor="4b8cea5e8c7594153cc999f55fcee34a"]  > .tb-grid-column:nth-of-type(1n+1) { grid-column: 1 } .wpv-view-output[data-toolset-views-view-editor="4b8cea5e8c7594153cc999f55fcee34a"] .js-wpv-loop-wrapper > .tb-grid { grid-template-columns: minmax(0, 1fr);grid-auto-flow: row }    .tb-button{color:#f1f1f1}.tb-button--left{text-align:left}.tb-button--center{text-align:center}.tb-button--right{text-align:right}.tb-button__link{color:inherit;cursor:pointer;display:inline-block;line-height:100%;text-decoration:none !important;text-align:center;transition:all 0.3s ease}.tb-button__link:hover,.tb-button__link:focus,.tb-button__link:visited{color:inherit}.tb-button__link:hover .tb-button__content,.tb-button__link:focus .tb-button__content,.tb-button__link:visited .tb-button__content{font-family:inherit;font-style:inherit;font-weight:inherit;letter-spacing:inherit;text-decoration:inherit;text-shadow:inherit;text-transform:inherit}.tb-button__content{vertical-align:middle;transition:all 0.3s ease}.tb-button__icon{transition:all 0.3s ease;display:inline-block;vertical-align:middle;font-style:normal !important}.tb-button__icon::before{content:attr(data-font-code);font-weight:var(--tb-button-icon-weight, normal) !important}.tb-button__link{background-color:#444;border-radius:0.3em;font-size:1.3em;margin-bottom:0.76em;padding:0.55em 1.5em 0.55em}.tb-grid,.tb-grid>.block-editor-inner-blocks>.block-editor-block-list__layout{display:grid;grid-row-gap:25px;grid-column-gap:25px}.tb-grid-item{background:#d38a03;padding:30px}.tb-grid-column{flex-wrap:wrap}.tb-grid-column>*{width:100%}.tb-grid-column.tb-grid-align-top{width:100%;display:flex;align-content:flex-start}.tb-grid-column.tb-grid-align-center{width:100%;display:flex;align-content:center}.tb-grid-column.tb-grid-align-bottom{width:100%;display:flex;align-content:flex-end} .wpv-view-output[data-toolset-views-view-editor="3b6d7f11497ef1f4c5088ab0e9773f84"]  > .tb-grid-column:nth-of-type(1n+1) { grid-column: 1 } .wpv-view-output[data-toolset-views-view-editor="3b6d7f11497ef1f4c5088ab0e9773f84"] .js-wpv-loop-wrapper > .tb-grid { grid-template-columns: minmax(0, 1fr);grid-auto-flow: row }  } @media only screen and (max-width: 599px) { .tb-button{color:#f1f1f1}.tb-button--left{text-align:left}.tb-button--center{text-align:center}.tb-button--right{text-align:right}.tb-button__link{color:inherit;cursor:pointer;display:inline-block;line-height:100%;text-decoration:none !important;text-align:center;transition:all 0.3s ease}.tb-button__link:hover,.tb-button__link:focus,.tb-button__link:visited{color:inherit}.tb-button__link:hover .tb-button__content,.tb-button__link:focus .tb-button__content,.tb-button__link:visited .tb-button__content{font-family:inherit;font-style:inherit;font-weight:inherit;letter-spacing:inherit;text-decoration:inherit;text-shadow:inherit;text-transform:inherit}.tb-button__content{vertical-align:middle;transition:all 0.3s ease}.tb-button__icon{transition:all 0.3s ease;display:inline-block;vertical-align:middle;font-style:normal !important}.tb-button__icon::before{content:attr(data-font-code);font-weight:var(--tb-button-icon-weight, normal) !important}.tb-button__link{background-color:#444;border-radius:0.3em;font-size:1.3em;margin-bottom:0.76em;padding:0.55em 1.5em 0.55em}.tb-grid,.tb-grid>.block-editor-inner-blocks>.block-editor-block-list__layout{display:grid;grid-row-gap:25px;grid-column-gap:25px}.tb-grid-item{background:#d38a03;padding:30px}.tb-grid-column{flex-wrap:wrap}.tb-grid-column>*{width:100%}.tb-grid-column.tb-grid-align-top{width:100%;display:flex;align-content:flex-start}.tb-grid-column.tb-grid-align-center{width:100%;display:flex;align-content:center}.tb-grid-column.tb-grid-align-bottom{width:100%;display:flex;align-content:flex-end} .wpv-view-output[data-toolset-views-view-editor="4b8cea5e8c7594153cc999f55fcee34a"]  > .tb-grid-column:nth-of-type(1n+1) { grid-column: 1 } .wpv-view-output[data-toolset-views-view-editor="4b8cea5e8c7594153cc999f55fcee34a"] .js-wpv-loop-wrapper > .tb-grid { grid-template-columns: minmax(0, 1fr);grid-auto-flow: row }    .tb-button{color:#f1f1f1}.tb-button--left{text-align:left}.tb-button--center{text-align:center}.tb-button--right{text-align:right}.tb-button__link{color:inherit;cursor:pointer;display:inline-block;line-height:100%;text-decoration:none !important;text-align:center;transition:all 0.3s ease}.tb-button__link:hover,.tb-button__link:focus,.tb-button__link:visited{color:inherit}.tb-button__link:hover .tb-button__content,.tb-button__link:focus .tb-button__content,.tb-button__link:visited .tb-button__content{font-family:inherit;font-style:inherit;font-weight:inherit;letter-spacing:inherit;text-decoration:inherit;text-shadow:inherit;text-transform:inherit}.tb-button__content{vertical-align:middle;transition:all 0.3s ease}.tb-button__icon{transition:all 0.3s ease;display:inline-block;vertical-align:middle;font-style:normal !important}.tb-button__icon::before{content:attr(data-font-code);font-weight:var(--tb-button-icon-weight, normal) !important}.tb-button__link{background-color:#444;border-radius:0.3em;font-size:1.3em;margin-bottom:0.76em;padding:0.55em 1.5em 0.55em}.tb-grid,.tb-grid>.block-editor-inner-blocks>.block-editor-block-list__layout{display:grid;grid-row-gap:25px;grid-column-gap:25px}.tb-grid-item{background:#d38a03;padding:30px}.tb-grid-column{flex-wrap:wrap}.tb-grid-column>*{width:100%}.tb-grid-column.tb-grid-align-top{width:100%;display:flex;align-content:flex-start}.tb-grid-column.tb-grid-align-center{width:100%;display:flex;align-content:center}.tb-grid-column.tb-grid-align-bottom{width:100%;display:flex;align-content:flex-end} .wpv-view-output[data-toolset-views-view-editor="3b6d7f11497ef1f4c5088ab0e9773f84"]  > .tb-grid-column:nth-of-type(1n+1) { grid-column: 1 } .wpv-view-output[data-toolset-views-view-editor="3b6d7f11497ef1f4c5088ab0e9773f84"] .js-wpv-loop-wrapper > .tb-grid { grid-template-columns: minmax(0, 1fr);grid-auto-flow: row }  } 

Bilancio Comunità Persona

Numero 1 • 2026

Gli strumenti finanziari dell’unione europea: applicazioni nella politica di coesione e nella recovery and resilience facility

Anna Russo Attualità e Giurisprudenza

Leggi e scarica l’articolo completo

Abstract

Il Regolamento (Ue) n. 2024/2509 del 23 settembre 2024, (‘Regolamento finanziario’, d’ora in poi, ‘RF’) che contiene le norme sulla gestione del bilancio Ue, individua le figure attraverso le quali vengono erogati i fondi europei. Tra queste, gli Strumenti Finanziari (‘SF’), utilizzati secondo una delle forme di impiego dei fondi stessi previste dal RF: gestione diretta della Commissione, gestione condivisa con gli Stati membri dell’Unione, ovvero delegata ad un soggetto terzo. Per mezzo degli SF vengono perseguiti gli obiettivi delle politiche Ue, attraverso finanziamenti da restituire con interessi – anche, eventualmente combinati con contributi a fondo perduto (‘grants’) – secondo le forme delle operazioni tipicamente effettuate sui mercati (prestiti, equity, venture capital, ecc.). Fine tipico – anche se non esclusivo – degli SF è il sostegno alle imprese, particolarmente PMI che hanno difficoltà a reperire liquidità sui mercati. Uno de settori dove trovano maggiore impiego è la Politica di Coesione; essi hanno avuto tuttavia una estesa applicazione anche nel contesto del Next Generation Ue. L’articolo, dopo un’introduzione generale sulla natura e disciplina degli SF, svolge una approfondita analisi del loro impiego, nell’ambito della Politica di Coesione e del Next Generation Ue.

Abstract [En]

The European Union’s Financial Instruments: applications in cohesion policy and in the Recovery and Resilience Facility.
Regulation (EU) No 2024/2509 of 23 September 2024 (‘Financial Regulation’, hereafter ‘FR’) sets out the rules for managing the EU budget and identifies the spending tools through which the EU allocates funding. These include financial instruments (FIs), which provide financial support from the EU budget to address one or more specific policy objectives. They may take the form of equity or quasi-equity investments, loans or guarantees. Where appropriate, they may be combined with other forms of financial support, or with funds under shared management or the European Development Fund (EDF). FIs typically – though not exclusively – support businesses, especially SMEs, that struggle to access liquidity in the markets. They are most widely used in the context of Cohesion Policy but have also been applied extensively in the context of the EU’s Next Generation programme. Following a general introduction to nature and regulation of SFs, this article provides an in-depth analysis of their use in the context of Cohesion Policy and the EU’s Next Generation programme.