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The European Commission approved a program of 100 million euros for SMEs in Romania

According to AGERPRES, the European Commission adopted on Tuesday the Operational Programme 'Initiative for SMEs' 2014-2020, worth EUR 100 million.

The value of the investment provided by the European Regional Development Fund (ERDF), under the form of the warranties, is expected to grow four times - up to 400 million euros or more - thanks to the leverage of private investments in the credits for SMEs, is specified in a release of the Cabinet of the European Commissioner for Regional Policy, Corina Cretu.

 

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

www.agerpres.ro/economie

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AGENTIA NATIONALA DE PRESA AGERPRES