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Tuesday, December 27, 2016

Investment Plan for Europe: 10 million euro for Cypriot businesses

Economy - Finances, SME Policy, Trade,Corporations,Administrations States,SMEs,Banks,Investment Funds,

News The Investment Plan for Europe or Juncker Plan aims to revive investment in strategic projects around Europe by mobilizing 315 billion euro for the period 2015-2017.

The European Investment Fund (EIF) and RCB Bank have signed the first EFSI agreement in Cyprus, which will provide 10 million euro to innovative small and medium-sized enterprises. This agreement benefits from the support of the European Fund for Strategic Investments (EFSI), the heart of the Investment Plan for Europe. Following the signature, the EFSI is now active in all EU 28 Member States.

Source :  Banque Européenne d'Investissement


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