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EU Bank Launches New Scheme to Support Private Sector in Georgia

An EU-backed programme enabling the European Investment Bank to support small and medium-sized enterprises (SMEs) in the Republic of Moldova, Georgia and Ukraine was launched in Chisinau on 4 July.

The programme is part of the EU’s Neighbourhood Investment Facility (NIF), aiming to provide a comprehensive package of instruments designed to help companies to make the most of the opportunities arising from the implementation of the free trade agreements the three countries have signed with the EU.

This EU contribution forms part of the European Commission’s wider EU4Business initiative, which brings together EU-funded programmes supporting SME development and improving the business environment in the Eastern Partnership region.

An EU-backed programme enabling the European Investment Bank to support small and medium-sized enterprises (SMEs) in the Republic of Moldova, Georgia and Ukraine was launched in Chisinau on 4 July. The programme is part of the EU’s Neighbourhood Investment Facility (NIF), aiming to provide a comprehensive package of instruments designed to help companies to make the most of the opportunities arising from the implementation of the free trade agreements the three countries have signed with the EU.

This EU contribution forms part of the European Commission’s wider EU4Business initiative, which brings together EU-funded programmes supporting SME development and improving the business environment in the Eastern Partnership region.