AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
European Commission kicks off new 36 million program for financing small businesses.(headline)
The European Commission adopted a program to assist local banks and other credit institutions, particularly in the 10 new EU Member States. This program strives to alleviate the difficulties of financing business, especially for small and medium sized enterprises (SMEs). Orchestrated by the Commission, this "preparatory action on support for SMEs in the new financial environment" will be channelled through international financial institutions: the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the European Investment Fund (ELF) and the Council of Europe Bank together with the KfW (Kreditanstalt flit Wiederaufbau). The initial 6 million of annual funding of technical assistance and capacity-building in EU countries with low levels of bank lending will be multiplied by a further 30 million euros of the participating financial institutions' own funds.
Vice-President Gunter Verheugen, Commissioner for Enterprises and Industry, said "From my experience of EU enlargement I know that small businesses, particularly in new member states, are often struggling to obtain financing. Our initiative will help entrepreneurs to create and develop ...
- BUDGET: TOBACCO FIRMS CHALLENGE COMMISSION SMUGGLING CHARGES.(European...
- Newspaper article from: European Report June 29, 2002 700+ words
The European Commission and the Member States brought three cases against...the Commission, along with Member States, launched the second action...bringing legal actions in non-Member States. The Court said Philip Morris...
- ENVIRONMENT/CLIMATE CHANGE : INFRINGEMENT PROCEEDINGS OVER CLIMATE CHANGE...
- Newspaper article from: European Report October 13, 2006 700+ words
The European Commission has decided to open...against a number of member states for failing to provide...gas emissions (1), member states were required to provide...EMISSIONS TRADING Seven Member States have not provided a...
- EUROPEAN COMMISSION: NEW MEMBER STATES' OFFICIALS NEGOTIATING THE WAY TO THE...
- Newspaper article from: European Report January 7, 2004 700+ words
...consequently as a member of the EU's influential Committee of Member States' Permanent Representatives. So the Czech Foreign Affairs...Minister Sandra Kalniete holds a possible trump card since European Commission President Romano Prodi made clear he wanted women to be...
- European Commission Refers Eight Member States to European Court of Justice On...
- Press release article from: PR Newswire October 30, 1998 700+ words
...PRNewswire/ -- The European Commission took the final step...action against eight Member States who, in violation...EU airlines, the Member States have given the Commission...United States, these Member States create serious discrimination...
- Philip Morris International Announces 12-Year Cooperation Agreement with the...
- News wire article from: Canadian Corporate News July 9, 2004 700+ words
...with the European Commission and 10 Member States of the European...like the European Commission and the Member States, are losing...EC and 10 Member States of the European...against the European Commission. "By ending...
- ADDING MULTIMEDIA/Philip Morris International Announces 12-Year Cooperation...
- News wire article from: Canadian Corporate News July 9, 2004 700+ words
...with the European Commission and 10 Member States of the European...like the European Commission and the Member States, are losing...EC and 10 Member States of the European...against the European Commission. "By ending...
- BIOTECHNOLOGY: MEMBER STATES AGREE ON GM-LABELLING OF FOOD.(European Commission...
- Newspaper article from: European Report December 4, 2002 700+ words
...Presidency, backed by the European Commission and eight Member States, set a figure of 1% but...accepted by seven other Member States (Germany, Austria, Belgium...the opposition of certain Member States and the European Parliament...
- EUROPEAN COMMISSION: MEMBER STATES FACE UP TO THEIR RESPONSIBILITIES IN...
- Newspaper article from: European Report June 12, 2004 700+ words
...2003 also saw increased controls on Member States' management and control systems for...of the budget which is managed by Member States but for which the Commission is accountable...envisages obtaining assurance from Member States about the financial control systems...