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The European Commission said it would propose changes to the venture capital regulatory framework and set up a fund of funds. Together with Eurostat, the commission said it would “provide further clarity and review, where appropriate, relevant guidance as regards accounting aspects of public-private partnerships”.
The commission is also working with the European Investment Fund (EIF) to establish a pan-European venture capital fund of funds that would combine public finance and private capital for additional stimulus and scale for new…
