Croatia’s EU accession: available founds for smaller projects

Croatia’s EU accession: available founds for smaller projects

 

The European Bank (EIB) is lending EUR 250 million to the Croatian Bank for Reconstruction and Development (HBOR) to finance projects promoted by small and medium-sized enterprises (SMEs), mid-cap companies and municipalities in Croatia.

The long-term finance will be available from 12 July 2013 and they will support undertakings in the areas of industry and services, including tourism, and small and medium-scale infrastructure schemes promoted by local authorities.

 

The EIB has been operating in Croatia since 2001 in order to help the country integrate into the European Union’s economic development and to help mitigate the effects of the current prolonged financial crisis.

 

 

Find out more [ http://europa.eu/rapid/press-release_BEI-13-110_en.htm ]here.