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Tag Archives: SMEs

1.14 billion euros for Greece’s SMEs affected by the pandemic crisis

The European Commission has approved a total of 1.14 billion euros for small and medium-sized enterprises in Greece that have been negative affected by the coronavirus crisis. Development and Investment Minister Adonis Georgiadis said on Monday that the European Commission’s approval of some 1.14 billion euros’ worth of program modifications …

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EIB and HSBC partner for trade finance of SMEs in Greece

The European Investment Bank (EIB) has partnered with HSBC to provide a wholesale facility for trade finance to Greece’s SMEs.  The €134m (£118m) package will be channelled to SMEs by the National Bank of Greece and Piraeus Bank. EIB, HSBC, Citibank and Commerzbank will provide credit guarantees. Other banks are …

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