The National Bank of Greece, in the framework of its agreement with the European Investment Fund (EIF) totaling 1,600,000,000 euros, participates in the financing program of the Pan-European Guarantee Fund (“EGF”) for the financing of Small and Medium Enterprises (SMEs) and MidCaps.
The program benefits from support from the EGF Guarantee Facility, implemented by the EIF, with the financial support of Member States contributing to the EGF.
The Pan-European Guarantee Fund (EGF) is designed to support companies affected by the effects of the COVID-19 pandemic, but are considered viable in the long run and unable to meet their obligations without the financial impact of the pandemic.
Funding for the program is provided by the 70% guarantee of the European Investment Fund (EIF), which acts on behalf of the EGF, and is aimed at Small and Medium-sized Enterprises with up to 499 employees (in annual work units) and are offered for all financing purposes (investment implementation, working capital provision, refinancing of existing loans), through all forms of financing (short-term or medium-term financing in the form of One-Time Loans, Revolving Capital Limits and :
– maximum amount of funding 5m. euro,
– maximum funding period of 10 years, with the possibility of a grace period, and
-favorable financing rate due to the EIF guarantee.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
PM Mitsotakis Discusses EU Defense, Security at North-South Summit
Hosted in Lapland, Finland, which shares a 1,300 km border with Russia, the summit brought together South and North European leaders to discuss security, defense, and migration
Surge in Investment and Soaring Housing Prices Across Greece
Greek housing prices have climbed sharply, recovering to 2011 levels and edging closer to their 2007 peak.
Greek Kiosks are Dying Out
The iconic Greek kiosk is dying out, and the empty shells remain to remind us of an urban everyday life that no longer exists.
Property Website: Athens-Area Residences Sold Within 6 Months, on Average
Data presented by the platform also shows higher prices in first 3 quarters of 2024
Bank of Greece Hails Economic Progress but Warns Stronger Growth Needed
Today's Bank of Greece Interim Report on Monetary Policy depicts a healthy economy, but warns that stronger growth is needed to fully overcome the economic crisis
Greek Christmas Dinner Costs Surges in 2024
The estimated cost for this year’s Christmas dinner (serving 6-8 people) ranges from 107.54 euros to 148.89 euros
Attica Bank to Eliminate Fees on More Banking Transactions
Attica Bank emphasized that these changes reflect its commitment to providing competitive and high-quality services
Cash Still Reigns in Greece Despite Surge in Electronic Payments
However, the ECB has expressed its opposition regarding legislative efforts by member states to restrict cash usage as a means of combating tax evasion.
Minister: Tourism Revenues in Greece to Hit €22 Billion in 2024
Sustainable development, investments, new offerings, upgraded training at the core of Greece's tourism strategy.
Greece: Double Salary Increase in Private Sector Coming Next Year
Starting from Jan. 1, 2025, social security contributions will be reduced by one percentage point with the aim of easing the burden on both employers and employees.
![Τουρισμός: Στα 2,2 δισ. τα τουριστικά έσοδα του Οκτωβρίου – Αύξηση 19,7% [πίνακες]](https://www.ot.gr/wp-content/uploads/2024/10/ot_tourismos_nisia-90x90.png)
