Commenting on the signatures, the EIF Deputy Director Hubert Cottogni, Head of Regional Business Development, said: "The portfolio risk sharing and interest subsidy JEREMIE instrument is new in Romania, but has already been successfully implemented by EIF in several countries.
Commenting on the new operations, EIF Deputy Director Head of Regional Business Development Hubert Cottogni said: "These two transactions mark an important step in the further development of the JEREMIE initiative in Slovakia.
Speaking at the signing ceremony in London today, EIF Regional Business Development Director, Hubert Cottogni, said: "We are delighted to sign this agreement in our own name as well as on behalf of the European Commission.
Commenting on the new operations, EIF Deputy Director Mr. Hubert Cottogni said: "We are pleased to be partnering with the Bulgarian government and Raiffeisenbank to support lending to Bulgarian small and medium businesses, which are facing numerous challenges in the current economic environment, especially difficulties in accessing finance.
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