Read the chronology of Turkish actions & claims against Greece, 1955-1996 Read the Convention Relating to the Regime of the Straits (24 July 1923) Read the Convention Relating to the Regime of the Straits (24 July 1923) A)? GHT="50">
Compact version
Today's Suggestion
Read The "Macedonian Question" (by Maria Nystazopoulou-Pelekidou)
HomeAbout HR-NetNewsWeb SitesDocumentsOnline HelpUsage InformationContact us
Sunday, 5 December 2021
 
News
  Latest News (All)
     From Greece
     From Cyprus
     From Europe
     From Balkans
     From Turkey
     From USA
  Announcements
  World Press
  News Archives
Web Sites
  Hosted
  Mirrored
  Interesting Nodes
Documents
  Special Topics
  Treaties, Conventions
  Constitutions
  U.S. Agencies
  Cyprus Problem
  Other
Services
  Personal NewsPaper
  Greek Fonts
  Tools
  F.A.Q.
 

Athens News Agency: News in English, 06-08-21

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Subsidized interest rates for SME loans

  • [01] Subsidized interest rates for SME loans

    The Greek government will begin a programme on subsidising borrowing interest rates for small- and medium-sized enterprises from September 1st, Development Minister Dimitris Sioufas said on Monday.

    Presenting the programme, Sioufas said the programme would run by the end of 2008 and would include around 2,500-3,000 enterprises, while he stressed that more funds would be earmarked under a Fourth Community Support Framework programme.

    The programme will cover enterprises with a workforce of up to 20 persons and self-employed with an annual turnover of 10 million euros. Under the programme, the government will subsidize 50 percent of interest rates on loans and leasing contracts on the precondition that loans would be used for development-modernisation investments.

    The Greek minister said that only 20 percent of Greek SMEs sought borrowing from banks to cover their financial needs, a rate smaller compared with the EU average.

    The Development ministry has set up a commission to monitor bank interest rates on corporate loans.


    Athens News Agency: News in English Directory - Previous Article - Next Article
    Back to Top
    Copyright © 1995-2016 HR-Net (Hellenic Resources Network). An HRI Project.
    All Rights Reserved.

    HTML by the HR-Net Group / Hellenic Resources Institute, Inc.
    ana2html v2.01 run on Monday, 21 August 2006 - 16:30:20 UTC