Appropriate financial instruments for public-private partnership in European Union

European Union aims to increase the use of public-private partnership to achieve sustainable economic growth and to respond to the needs of European level, particularly to accelerate the development of trans-national infrastructure. Due to the economic and financial crisis caused a decrease in appetite for investment, but also due to risk-averse of the private sector, high value projects and the prolonged period of revenue return, the European Union seeks to give an impulse to public-private partnership projects by financial instruments. Thus, this paper aims to present the most appropriate financial instruments developed by the European Union that can be used in public-private partnership projects and analyze their influence on the use of these projects. (C) 2012 Published by Elsevier Ltd. Selection and/or peer review under responsibility of Emerging Markets Queries in Finance and Business local organization