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Bulgaria, EUR 102 mln EU funds to support SMEs

For loans to small companies in 2016-2020

24 June, 13:40
(ANSA) - TRIESTE - Bulgaria will support the development of the SMEs at the national level thanks to the 102 million euros of EU funds which will be used to emit loans to small companies until 2020, local media reported referring to official sources.

Bulgaria is the third EU country to have assured resources for funding the SMEs in the framework of the European Regional Development Fund, vice minister of economy, Daniela Vezieva said, adding that the resources have been assured within the operational programme "Initiative for the SMEs" which aims at stimulating the emission of loans to SMEs. (ANSA).

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