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Published on: 28 April, 2016
Armenia: EUR 30 million from EU to support private sector development
he private sector of Armenia will get a chance to benefit from EU advice and funding, through a Small and Medium-Sized Enterprise (SME) Finance and Advice Facility, to be launched in the framework of the EU-funded ‘EU4Business’ initiative, the European Bank for Reconstruction and Development (EBRD) said in press release on 25 April. The facility will deploy over EUR 30 million of EU funds over a four-year period to stimulate private sector development in the country. The EBRD and other investors will also add additional funding to support the access of Armenian SMEs to financing.
To read more visit: http://www.enpi-info.eu/maineast.php?id_type=1&id=44809&lang_id=450
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