Brussels, 13/10/2015 (Agence Europe) - The European regional development fund (ERDF) will make €102 million available to Bulgarian small and medium-sized enterprises as part of Bulgaria's operational programme SME initiative, adopted by the European Commission on Tuesday 13 October.
The investment, in the form of bank guarantees, are expected to generate between €400 million and €600 million in new loans for SMEs as a result of the leverage effect on private investment. The SME...