November 23, 2024 5 min read
TEPIX II – Loans with interest rate subsidy – From 20 May new applications

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Following the previous announcements regarding the loan program with interest rate subsidy from tepix II, opens tomorrow Wednesday, May 20 at 12:00p.m. the State Aid Information System to continue the submission of applications and will remain open until Thursday, May 28 at 12:00p.m. (Previous submission period: 28/4 to 6/5).

TEPIX II – Working Capital with interest rate subsidy

It is also becoming known that the available resources of the programme they are being increased by EUR 300 million. euros corresponding to 750 million euros new loans to SMEs. With the above amount, the total budget of the action, with the participation of the banks, amounts to more than €2 billion.

It should be noted that the working capital lending product with full interest rate subsidy from the Hellenic Development Bank concerns businesses that have suffered suspension or restriction of their operation due to the CoViD-19 pandemic. The Main Criterio for Resseiving the Interest Souvsidia th the preservation of jobs during these two years.

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