Juncker Plan: 177 million euros for small companies in Romania

About 2,000 Romanian small and medium companies will benefit from advantages obtained by means of new loans unblocked by the accord signed by the European Investment Fund with Raiffeisen Bank, ec.europa.eu announced. The loan for small and medium companies in Romania will be 177 million euros.

This accord of the European Fund for Strategic Investments (EFSI), the central pillar of Juncker Plan, was signed on May 11, EFSI being a crucial factor in signing the loan.

Corina Cretu, the commissioner for regional policy declared: “ Juncker Plan is meant to help create jobs and stimulate economic growth in Europe. Facilitating access to financing for small and medium companies is an important part of the Plan. I am glad that, by the success of the Accord of May 11 more Romanian companies will be able to invest in extending, creating new jobs and in innovation.”

Juncker Plan will begin new investments of 743 million euros  in Europe, as of May 2017.  

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