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Greece: 1,7 billion to enterprises from the Juncker Plan

Some 11,000 SME expected to benefit

04 January, 11:21
(ANSA) - TRIESTE, 04 GEN - In total, financing under the European Fund for Strategic Investments (EFSI) in Greece amounts to €1.7 billion, Ibna said. Greece ranks second in investments prompted by the Juncker Plan (The Investment Plan for Europe) per euro of GDP. It is set to trigger €5.7 billion in additional investments. Elven infrastructure and innovation projects have been approved, financed by the European Investment Bank (EIB) with the European Fund for Strategic Investments (EFSI) backing, approximately €1.4 billion in total financing set to trigger €3.5 billion in total investment.

Small and medium enterprises (SMEs): nine approved agreements with intermediary banks financed by the European Investment Fund (EIF), also with EFSI backing of a total financing of €313 million, set to spark nearly €2.2 billion in investments. Some 11,298 SMEs and mid-cap companies are expected to benefit from improved fund access. (ANSA).

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