Source Pravda.Ru

EU to keep supporting small Russian businesses

The European Union has allocated EUR60m for supporting small businesses in Russia over the past 10 years, the second secretary of the European Commission's office in Russia declared at an exhibition devoted to small and medium-sized businesses in Russia today. He mentioned three current programs aimed at supporting small businesses by the EC. In particular, this is a program of crediting small businesses, which is implemented together with KMB Bank and totals EUR3m. It is implemented in 7 Russian regions and will be completed by the end of 2004. The second program totaling EUR1.5m is aimed at supporting the infrastructure of small businesses. It envisages the introduction of international quality standards for small businesses in Russia. The third EUR2m program is aimed at launching information and communication technologies at small businesses in the North West Federal District.

The head of the European Commission in Moscow stressed that the EU was ready to continue supporting small and medium-sized businesses in Russia through TACIS.

Comments
Pilot shares his impressions after flying Su-57 fifth-generation fighter
Trump's solar wall and barefaced lies
US-Russian confrontation: War is peace, freedom is slavery
Why Russia continues investing in US public debt
Ukraine and PMC Blackwater to poison Donbass with radioactive waste
Ukraine dreams of what it can do to Crimea after winning war with Russia
Ukraine and PMC Blackwater to poison Donbass with radioactive waste
Ukraine dreams of what it can do to Crimea after winning war with Russia
Turkey desperately tries to rescue its national currency as it falls to all-time lows
Who loses and wins most from Caspian Sea division
Ukraine dreams of what it can do to Crimea after winning war with Russia
Ukraine dreams of what it can do to Crimea after winning war with Russia
Turkey desperately tries to rescue its national currency as it falls to all-time lows
Russians tired of Putin's foreign policy
Ukraine dreams of what it can do to Crimea after winning war with Russia
Why Russia continues investing in US public debt
Putin convenes Security Council meeting to discuss new sanctions
Putin convenes Security Council meeting to discuss new sanctions
Putin convenes Security Council meeting to discuss new sanctions
Putin convenes Security Council meeting to discuss new sanctions
Who loses and wins most from Caspian Sea division