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[Windows-1252] EU Adopts ~@10 Million Program To Support Small Busin

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  • [Windows-1252] EU Adopts ~@10 Million Program To Support Small Busin

    EU ADOPTS Â~B¬10 MILLION PROGRAM TO SUPPORT SMALL BUSINESS IN EASTERN PARTNERSHIP COURTIERS

    July 03, 2013 | 02:04

    The European Commission has adopted a â~B¬10 million program to
    support Small and Medium Sized enterprises and trade opportunities
    in the Eastern Partnership (EaP) countries.

    "Our Eastern neighbors have been hit hard by the economic crisis.

    Small and medium sized enterprises can play a key role in generating
    jobs and economic growth because they respond quickly to opportunities
    created by the market. It is therefore our crucial task to support
    small businesses in the Eastern Partnership region," press release
    quoted EU Commissioner for Enlargement and Neighborhood Policy Å tefan
    Fule as saying.

    The new program covers support to partner countries' institutions to
    put in place and implement policy and legislative reforms in support
    of small and medium sized enterprises; extension of the East-Invest
    project, which supports Business Support organizations in the Eastern
    Partnership countries and promotes trade opportunities between European
    and Eastern Partnership companies; strengthening auditing and reporting
    capacity of small and medium sized enterprises to improve their access
    to financing in the Eastern Partnership countries.

    Eastern Partnership includes Armenia, Azerbaijan, Belarus, Georgia,
    Moldova and Ukraine.

    News from Armenia - NEWS.am


    From: Baghdasarian
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