The European Investment Fund supports the Hungarian agricultural SMEs with 160 million euros

The European Investment Fund has signed a cooperation agreement with the European Investment Fund (EIF) and the Agicultural Credit Guarantee Foundation (AVHGA) in order to encourage the borrowing mood of the Hungarian small and medium-sized enterprises (SMEs) – the European Commission announced on Monday.

The European Commission has reported that under the competitiveness (COSME) guarantee program up to two thousand, mainly agricultural companies can obtain financing in Hungary. (MTI, Bajnok Artúr)