ECOFIN asks the EIB to deploy EUR 15bn for SMEs

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Series Details No.132 (No.3, 2008)
Publication Date September 2008
ISSN 0250-3891
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The EU economy and finance ministers agreed at an informal ECOFIN meeting in Nice on 12-13 September to reinforce the EIB’s role in supporting small businesses. Support for SMEs is a key operational priority of the EIB Group and comprises loans through the EU banking sector (EIB lines of credit) and EIF support to SMEs both by providing equity (venture capital investments) and facilitating access to finance (credit enhancement and guarantee schemes).

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