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EMN & MFC Letter to Commissioner Nicolas Schmit

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EMN & MFC addressed a letter to Commissioner Nicolas Schmit asking him to ensure that the EaSI guarantees programme sees a powerful successor as soon as the next Multiannual Financial Framework and InvestEU start being implemented. The letter reminds that microfinance providers across Europe are wondering when the new measures will be made available, and that there is no clear answer so far. The letter also highlights the dire straights in which the European microfinance sector would find itself should it stay too long without adequate support measures.