EU's Katainen Talks to ANA-MPA about Promoting Investments via Juncker Plan

EU's Katainen Talks to ANA-MPA about Promoting Investments via Juncker Plan

European Commission Vice-President for Jobs, Growth, Investment and Competitiveness Jyrki Katainen, in a statement to the ANA-MPA and the state broadcaster ERT at the Info Day event on Monday, said his visit to Greece primarily aimed to boost investments and new businesses via the Juncker Investment Plan.
"One possibility is to use the European Strategic Investments Fund to set up Small- and Medium-Sized Enterprises (SMEs), and for this reason I am meeting with representatives of banks, given that we will always need an intermediate legal link for the financing of these businesses," he said.
Speaking to Greek business people at the event, Katainen had earlier analysed the ways in which the Juncker Investment Plan aimed to help promote investments and create jobs without state or bank financing and in addition to the funding provided by European Structural Funds.
Katainen said that the results of funding SMEs had been very satisfactory thus far, with more than 136,000 businesses currently receiving financing in this way in Europe.


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