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SMEs and micro-enterprises will receive grants for the payment of interest and commissions up to 800,000 euros each

5 Apr 2020

The Executive approved on Thursday the Emergency Ordinance regarding the approval of the State aid scheme for supporting the activity of SMEs in the context of the economic crisis generated by the COVID pandemic - 19 - informs AGERPRES

Small and medium-sized companies, as well as micro-enterprises that will access lines of loans and loans for investments with state guarantees, will benefit from grants for the payment of interest and administration and risk fees for the next 1-3 years, up to 800,000 euros for each company, informs a press release of the Ministry of Public Finance (MFP) on Friday.

For more information, please see the Romanian version of the article, here.