Additional support for small businesses in Austria under the Juncker Plan

EPA/MAURITZ ANTIN

(FILE) A file photo dated 02 March 2012 shows the building of the European Central Bank (ECB) reflected in the Euro sign logo by artist Otmar Hoerl in Frankfurt am Main, Germany. Annual eurozone inflation fell to a more-than four-year low in March increasing the pressure on the European Central Bank to act to head off fears of deflation. The region's cost of living slumped to 0.5 per cent in March compared with 0.7 per cent in February, the European Statistics Office Eurostat said on 31 March 2014.

Additional support for small businesses in Austria under the Juncker Plan


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More than 2.000 small businesses will benefit from new loans thanks to a deal signed on 14 June between the European Investment Fund and Austria’s national promotional bank, Austria Wirtschaftsservice.
The newly signed agreement will extend the existing COSME LGF agreement by two years to April 2021 and will provide additional financing of more than €160 million at favourable conditions to over 2.000 small and medium-sized enterprises in Austria.

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