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Europe Daily Bulletin No. 8429

26 March 2003
Contents Publication in full By article 32 / 41
GENERAL NEWS / (eu) eu/eib
Cooperation between EIB, European Commission and HVB to support Hungarian SMEs

Brussels, 25/03/2003 (Agence Europe) - Thanks to the cooperation of the European Investment Bank (EIB), the European Commission and HVB Bank Hungary Rt., Hungarian small and medium sized enterprises will benefit from support under the heading of the finance mechanism for SMEs, a special tool established by the European Commission in the framework of the PHARE programme. The operation envisaged will allow for the channelling of EUR 20 million - through present global loans (credit lines)...

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