Companies to Absorb 870 Million Euros under JEREMIE Initiative

Companies to Absorb 870 Million Euros under JEREMIE Initiative

With a planned increase by 150 million euros for lending with twice lower interest, the total resource of the revolving instruments of the Competitiveness Operational Programme (OP) will reach 330 million euros, Deputy Economy, Energy and Tourism Minister Evgeni Angelov said Wednesday, presenting funding opportunities under the JEREMIE initiative at a conference discussing European financing and competitiveness, organized by the Banker weekly.

Thanks to additional private financing, the Bulgarian business will be able to absorb 870 million euros, Angelov said./Source: BTA/

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