Traduction de «élément de libéralité global d'un financement mixte » (Français → Anglais) :

overall grant element of an associated financing package

overall grant element

aggregate face value (of the components of an associated financing package)

In the case of a revenue producing project, particularly if it is producing for a competitive market, has the concessionary element of the aid financing been passed on to the end-user of the funds?

The overall concessionality level of a package is determined by multiplying the nominal value of each component of the package by the respective concessionality level of each component, adding the results, and dividing this total by the aggregate nominal value of the components.

For the purpose of calculating the overall concessionality level of an associated financing package, the concessionality levels of the following credits, funds and payments are considered to be zero:

13. Points out that the European Court of Auditors' Special Report 16 (2014) on the use of blending concludes that for nearly half of the projects examined, there was insufficient evidence to conclude that the grants were justified, while in a number of these cases, there were indications that the investments would have been made without the Union contribution; points out, in addition, that blending risks led to a debt bubble in some third world countries with limited revenues to service their debt, notably in Sub-Saharan Africa and the Caribbean; urges the European Commission accordingly, in a context where it has indicated its wishes to extend considerably the use of blending in future years, to ...[+++]implement the recommendations made by the European Court of Auditors' Special Report on the use of blending and to evaluate the mechanism of blending loans and grants, particularly in terms of development and financial additionality, transparency and accountability;