The government will supplement the loan programme of its Europe Plan with new programmes to aid small- and medium-sized enterprises (SMEs), prime minister Peter Medgyessy announced in a speech made at the inauguration of the new Danube bridge at Szekszard.
The government will introduce a "Four-Step Loan Programme" from 15 July, Medgyessy said. Under the programme, HUF 6 billion will be set aside, available as development loans for small enterprises, while SMEs will also be able to apply for short-term, state-subsidised working capital loans of maximum HUF 5 million.
In addition, companies will be eligible for another type of state-subsidised, guaranteed loan of up to HUF 10 million, while medium-sized firms will be able to apply for loans of maximum HUF 500 million, with a preferential interest rate, Medgyessy said.
