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Europe Daily Bulletin No. 9287

17 October 2006
Contents Publication in full By article 31 / 40
GENERAL NEWS / (eu) eu/state aid
Go-ahead for Dutch scheme to support SMEs

Brussels, 16/10/2006 (Agence Europe) - The Commission has approved the Dutch state guarantees scheme for equity funding and loans for SMEs. The guarantee scheme, called “Growth Facility”, is designed to help SMEs expand by covering 50% of possible losses incurred by credit institutions or capital providers. Until June 2012, the guarantee scheme will provide for an annual ceiling of €250 million, up to which sum the Netherlands may underwrite individual default guarantees. The entire...

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