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Sumaiya Khatun
Apr 07, 2022
In Fashion Forum
In view of the European summit on Thursday, the European Commissioner Antonio Email List stated that "the EU Commission together with the Email List (European Investment Bank) has formulated a package of proposals to facilitate access to credit for SMEs and ensure that through a financing package can have a leverage effect of up to one hundred billion euros ". "We - Email List continued the EU head of industry and entrepreneurship - have formulated . A proposal with three different options" with a Email List resource pooling system and a different leverage effect, from 1 to 5 up to 1 to 10, but it will be the states members to "identify which of the three is more appreciated". At the base there are about ten Email List billion euros of European structural funds and investment funds plus 420 million euros from programs for SMEs, research and innovation such as Cosme and Horizon 2020 and ESIF (European Fund for Email List Structural Investments). Depending on the type of financial instrument Email List used and its structure, it is possible to obtain a leverage effect of 1 to 5 with 55-58 billion for the benefit of 580 thousand SMEs, a leverage effect of 1 to 6 for 65 billion for 650 thousand SMEs, while with Email List the third option, where a centralized structure would be created in which to share risks but maintaining the geographical distribution to lend to the regions, would have the maximum leverage effect Email List of 1 to 10, reaching one hundred billion euros for the benefit of one million SMEs.
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Sumaiya Khatun

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