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Greece

Greece 2006-07: As maturity nears, product differentiation comes to...

The Greek factoring industry increased by approximately 1.8%, to euros 4.51 billion, experiencing a slowdown due to the lower industrial productivity (mainly in clothing and textile industries) (more…)

Minister announces SME loan subsidy programme

Greek Development Minister Dimitris Sioufas announced a government programmeto subsidise interest rates on loans to small- and medium-sized enterprises (SMEs)…

#interest#interest rates#investments


Florence Indianou of ABC Factors presents the latest analysis...

Market Performance and Supply  Over the last two years in Greece the number of factoring companies has increased from five…

#bank#international#invoice


SMEs wary of bank borrowing

Small- and medium-sized enterprises (SMEs) rarely turn to banks for credit due to the businesses low rates of (more…)


Greece announces new financial supports to SMEs

Greek Development Minister Dimitris Sioufas launched a programme offering financial support to investment plans by small- and medium-sized enterprises (SMEs)…

#investment#smes#unemployment


Basel II reforms will have “positive effect on SME...

Politicians and financiers agreed on the importance of readily providing capital to small- and medium-sized enterprises (SMEs) and bemoaned the…

#bank#forum#guarantees


Basel reform will offer greater opportunity in providing flexible...

Politicians and financiers yesterday agreed on the importance of readily providing capital to small- and medium-sized enterprises (SMEs) and bemoaned…


EFG Eurobank announces managerial changes for factoring expansion

EFG Eurobank Ergasias on Monday announced a series of management changes as part of a strategic plan to expand activities…


Waiting time for SMEs is over

The government said it would urgently promote measures designed to support small- and medium-sized enterprises (SMEs) with a view to…

#e-commerce#European Commission#guarantee


Citibank targets SMEs

Citibank’s corporate credit manager in Greece, D. Anagnostopoulos, believes the bank can triple its business with SMEs. Despite representing an…

#bank#information systems#risk


Alpha Bank reports 34pc increase in factoring

Alpha Bank, the Greek finance group and owner of the country’s largest factor – ABC Factors – has reported a…

#bank#smes


Euler extends Greek credit insurance business

Euler Hermes, the French credit insurance company, has announced that it has raised its stake in its Greek joint-venture, Phoenix…

Help promised to the bank-stricken SMEs

The Central Union of Chambers (KEE) has said that abusive bank practices have a serious socio-economic impact, mainly through their…

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