EVENT: SME Policy Index Eastern Partner Countries 2024 Building Resilience in Challenging Times and Supporting the digital transformation of SMEs in the Eastern Partner Countries
The Eastern Partner countries have taken significant steps towards business digitalisation over the last few years. However, significant differences in business digitalisation levels exist which can be attributed to varying levels of economic development, institutional capacity, and policy frameworks.
The EU and Georgia have launched an EU-funded Twinning project on ‘Advancing the Capacities of the Market Surveillance Agency of Georgia’.
Georgia: EIB Global and TBC Bank sign guarantee agreement enabling over €31 million to support businesses
The European Investment Bank (EIB) has signed a guarantee agreement financially supported by the European Union with TBC Bank, enabling it to extend financing to the local private sector on favourable terms, including with reduced collateral requirements.
The European Investment Bank (EIB, the EU bank) has signed a €50 million loan agreement with Bank of Georgia to support small and medium-sized enterprises (SMEs) and mid-caps, the EIB announced today.
The report published today shows an extra €2.5 billion income for small and medium-sized enterprises in Eastern Partnership region, which received support through the European Union’s EU4Business Initiative in 2022.