Government of European Union approved additional 60m EUR for development of entrepreneurship on territory of west Balkans

Source: Danas Tuesday, 20.06.2006. 15:20
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European Commission has decided to invest 60m EUR in the European Fund for Southeast Europe that provides financial support to the development of the private sector and smaller companies and households in the west Balkans.

This fund, of which assets equal 200m EUR at the moment, was formed by the countries donators, national and international financial institutions and European Commission in December 2005. The aim is that the fund increases its capital to 500m EUR through attraction of further participation of private and public means.

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