István Kapitány Announced: the Ganz Ábrahám Loan Program Is Launched
5 Articles
5 Articles
A total of 270 billion forints of interest-free EU credit lines are available to Hungarian small and medium-sized enterprises under the Ganz Ábrahám program. The aim of the scheme is to support companies with working capital and investment resources that have been held back from development by high interest rates or a lack of capital, announced István Kapitány, Minister of Economy and Energy, on his social media page.
The new phase of the Ganz Ábrahám program would reduce the interest burdens that hinder the development of businesses. István Kapitány spoke about an EU credit line of several hundred billion forints and also explained what it could be used for.
Hungarian small and medium-sized enterprises are waiting for 270 billion forints of interest-free EU credit resources in the Ganz Ábrahám program, announced István Kapitány, Minister of Economy and Energy, in a video message posted on his Facebook page on Wednesday.
Hungarian small and medium-sized enterprises are waiting for 270 billion forints of interest-free EU credit resources in the Ganz Ábrahám program, announced István Kapitány, Minister of Economy and Energy, in a video message posted on his Facebook page on Wednesday.
A total of 270 billion forints of interest-free EU credit lines have become available to Hungarian small and medium-sized enterprises as part of the Ganz Ábrahám program. The initiative is actually a unification of existing EU-co-financed business development programs, which support companies at a disadvantage due to high interest rates or lack of capital with working capital and investment resources, Portfolio wrote.
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