Micro, small and medium-sized enterprises (MSMEs) in Georgia are set to benefit from greater access to finance thanks to joint support by the European Bank for Reconstruction and Development (EBRD) and the European Union (EU).
Eastern Partnership: Ready to Trade project helps Georgian SMEs to boost trade of hazelnuts between the EU and within the EaP
Hazelnut production is one of the leading export positions in the business of agriculture in Georgia. However, the domestic consumption of hazelnuts in Georgia mainly depends on international markets.
Fund’s latest Impact Report details how investments and capacity building resulted in effective, inclusive crisis relief for 40,000 businesses in 2020.
On 17 May, The European Fund for Southeast Europe (EFSE) provided a loan in local currency equivalent to $10 million to its new partner in Georgia, Credo Bank, for on-lending to rural entrepreneurs.
Eastern Partnership Trade Helpdesk: first stakeholder meetings in Armenia, Georgia, Moldova and Ukraine
The first stakeholder meetings on the Eastern Partnership (EaP) Trade Helpdesk project took place in Armenia, Georgia and Moldova in the end of April, and in Ukraine in early June.