That is why I welcome the European Commission’s plans to focus on areas in which the EU can add real value. There are many tasks that can be performed better at the European level than the national. From an economic vantage point, efforts should concentrate on Europe-wide public goods and policy areas with cross-border externalities.
Similarly, the nonprofit facilities have many of the same characteristics, but some features of the loans extended in connection with each facility differ. Eligible lenders may originate new loans under MSNLF, MSPLF, and NONLF or may increase the size of existing loans under MSELF and NOELF. Main Street became operational on July 6, 2020.