Greek Government Support Small and Medium Sized Enterprises

(GREEK NEWS AGENDA)   The government is determined to offer financial support to small- and medium-sized enterprises (SMEs) amid the international financial crisis, Prime Minister Kostas Karamanlis said on Monday. Speaking to reporters during a visit to the Athens Chamber of Commerce and Industry, the premier stressed that the EU is experiencing a recession and noted that the crisis is hitting consumption, production and commerce, while unemployment is on the rise. The Greek economy is still resisting pressures from an international crisis but 2009 would be a difficult year for all, the premier said, adding that the government’s aim is to limit the impact and to safeguard benefits gained in the previous years. He emphasised that the government is transferring funds from the Fourth Community Support Framework to SMEs, while it is introducing new measures to boost entrepreneurship among young people, and women.  Ministry of Economy and Finance: National Strategic Reference Framework 2007-2013; Secretariat General for Information: About Brand Greece- Competitiveness & Entrepreneurship ; Greek News Agenda: Gov’t Reforms Push On & Stimulus for SMEs