30th August 2018, Skopje – Starting this autumn, companies can apply for using EUR 100 million worth loans under favourable terms and conditions, provided by the European Investment Bank (EIB). Draft Law on Guarantee by the Republic of Macedonia as regards the obligations arising from this Financing Agreement is in parliamentary procedure. Once the Law is adopted, Guarantee Agreement and Financing Agreement will be signed, and the companies can apply for loans under favourable terms and conditions at the commercial banks.
– The Project is aimed at providing fresh capital for small- and medium-sized enterprises for the purpose of supporting new projects, job creation, increased liquidity of the business sector and boosted export, Tevdovski explained.
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