domingo, fevereiro 14, 2016

EIB Guarantee Fund for Greek SMEs

What is the Guarantee Fund for Greek SMEs?

The Guarantee Fund for Greek SMEs is a joint initiative between the Hellenic Republic, Ministry of Development and Competitiveness, and the EIB with the objective of supporting the real economy and counteracting the impact of the crisis. The Fund is financed by the European Regional Development Fund in the context of the National Strategic Reference Framework for Greece.1
The Guarantee Fund aims to maximise the use of part of the European Union (EU) Structural Funds for Greece to finance small and medium-sized enterprises through a revolving mechanism.
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