SMEs around Greece impacted by COVID-19 are eligible for funding from a new 1.125-billion-euro financing scheme by National Bank of Greece (NBG), itself supported by the European Guarantee Fund (EGF).
The first operations supported by the EGF in the east Mediterranean country were formally finalized on Thursday at the NBG offices in Athens, in the presence of NBG CEO Pavlos Mylonas and European Investment Bank (EIB) President Werner Hoyer, among others.
According to a press release on Thursday, the EIB and the European Investment Fund will guarantee business financing provided by the NBG to “enable companies of all sizes access advantageous financing, better withstand business challenges posed by the pandemic and invest for the future.”
“COVID-19 has created unprecedented challenges for business across Greece and demanded rapid response to help businesses adapt and protect jobs. NBG has responded to the needs of our clients during these challenging times and welcomes the significant new support from the EIB and EIF available by the first use of the European Guarantee Fund in our country. Today’s agreements will enable NBG to channel EUR 1.125 billion of financing to hundreds of companies across Greece,” Mylonas said.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
e-EFKA: “Thaleia” Answers Policyholders’ Questions
It is a service provided by the organization, aimed at enhancing the experience for individuals with special needs.
PM Mitsotakis Outlines 2025 Goals for Growth and National Interests
"The government’s work will remain intense and multifaceted, so that day by day, something changes and the lives of all citizens become better," the prime minister stated
Tender for Repairs on Athens Olympic Stadium’s (OAKA) Iconic Roof
Tender for OAKA project, which is expected to exceed 78 million euros, stipulates that repairs, maintenance must be conducted while venue remains open for events
Louis-Dreyfus Family Eyes 21% Stake in Thessaloniki Port
The newly created Amsterdam-based LeonidsPort company has submitted a voluntary public offer for 21%
EUIPO Throws Out Turkaegean Trademark
The trademark had been filed by the Türkiye Tourism Promotion and Development Agency (TGA) in 2021 and immediately generated heated opposition by Athens
Economic Sentiment Indicator in Greece Drops Slightly in Dec.
The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.
Greece’s Trade Deficit Surges by 18.7% in Nov. 2024
For the first 11 months of 2024, the total value of imports reached 77.3793 billion euros, a 1.9% rise compared to 75.9482 billion euros in the same period of 2023.
Installing EV Chargers in Your Building is Harder than You Think
So, you just bought an EV in Greece and can’t wait to set up a charger in your apartment building’s parking space? Not so fast—there are a few hurdles you’ll need to clear first.
Greece Announces Grants to Unemployed for New SMEs
Unemployed individuals seeking 12-month grants to fund the creation of new SMEs can apply online until January 21.
Port of Piraeus Reports Record-breaking Year for Cruise Sector
First cruise ship of the season, Viking Saturn, greeted at Greece's largest, busiest port
