7,5 million euro of EU funding for loans to greek micro-entrepreneurs

July 4, 2018

Hat: 7,5 million euro of EU funding for loans to greek micro-entrepreneurs

Funding Scheme: 2018-07-04

Pgm2014 2020: Yes

Amorce:

The 7.5 million euro guarantee agreement under the Juncker Plan with the Cooperative Bank of Thessaly will make loans more easily accessible to very small businesses in Greece.

Text:

Thanks to the EU Programme for Employment and Social Innovation (EaSI), the European Investment Fund (EIF) and Cooperative Bank of Thessalt (CBT) have signed a microfinance guarantee agreement that will allow CBT to provide loans to 500 Micro-entrepreneurs with a reduced interest rate. First target micro-enterprises will be start-ups and companies that have suffered during the financial crisis.

Url description: Press room - European Commission

Url: https://ec.europa.eu/commission/news/eu75-million-eu-financing-micro-entrepreneurs-greece-under-juncker-plan-2018-jul-04_en