login
login
Image header Agence Europe
Europe Daily Bulletin No. 11459
Contents Publication in full By article 15 / 23
ECONOMY - FINANCE - BUSINESS / (ae) economy

Signature of two agreements to guarantee loans to Italian SMEs

Brussels, 22/12/2015 (Agence Europe) - On Tuesday 22 December, the European Investment Fund (EIF), the Cassa Depositi e Prestiti and SACE (of the group CDP) signed two InnovFin and COSME guarantees to provide €1 billion to Italian SMEs. These operations are supported by the European Fund for Strategic Investments (EFSI), the financial arm of the Juncker plan.

The InnovFin agreement will allow CDP Group to provide guarantees on bank loans to innovative companies over the next two years...