Fund Saving at Home II) the National Fund for Entrepreneurship and Development (ETEAN) for the benefit of small and medium-sized entrepreneurship. But the Fund has several plans to provide liquidity in the Greek market. As stated in an interview to the Athens / Macedonian News Agency, the president and ceo of ETEAN, Kostas Γαλιάτσος, ETEAN by the beginning of 2017 restarts the guaranteeing function of the new actions, is preparing new products, such as special υποταμείο microcredit and plans for new international collaborations. Mr. Γαλιάτσος states that the Fund creates for the first time, the product of the guarantee portfolio, but will provide and guarantee products of individual loans. Also for the first time, the precise characteristics of the guarantee product, we are shaped by each bank individually, taking into account the specific needs of.
The Fund has already sent letters to the Hellenic Bank Association and the Union of Cooperative Banks of Greece, with which it invites the banks in cooperation, while continuing intensive discussions with the European Investment Bank and the European Bank for Reconstruction and Development, for the development of cooperation together with the Greek banks for the benefit of small and medium-sized enterprises in the country.At the same time, there are discussions with the European Social Bank for the submission of an application for a loan with a low interest loan, which will channel in the Greek market and recently, have started discussions on specific cooperation with the French development bank, Bpifrance.
Finally, mr. Γαλιάτσος stresses that the result of the efforts made by the Fund for Entrepreneurship (entrepreneurship fund) in connection with the absorption of available resources is that: “as we foresee, we will be happy at the end of the program to announce the absorption of all available resources”.
Source
ETEAN: Over 1.3 billion. euro for small and medium-sized enterprises
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