News/Press

The EBRD, EU and TBC Bank signed an agreement on 2 May to provide loans to help Georgian SMEs improve their products and services to compete in the Deep and Comprehensive Free Trade Area (DCFTA) set up by Georgia and the EU. The agreement covers loans of USD 100 million in local currency (lari) , organised as follows: USD 60 million to help SMEs to comply with the requirements of the DCFTA ; USD...
The EIB launched two new programmes to boost private sector development in Georgia at a seminar in Tbilisi on 8 May: DCFTA Initiative East and InnovFin.
The European Investment Bank has launched two new programmes, developed jointly with the European Commission, to help private sector development in Georgia. It presented the programmes - DCFTA Initiative East (part of the wider EU4Business initiative) and InnovFin (EU Finance for Innovators) – at a high-level seminar under the EU4Business initiative in Tbilisi on 8 May. The event attracted around...
Crane in Yerevan, Armenia @Thinkstock
Local authorities in the six Eastern Partnership (EaP) countries are encouraged to apply for funding to help their cities lead economic growth and job creation in the region. The Call for Proposals “Mayors for Economic Growth Pioneer Projects” targets those cities that already have a Local Economic Development Plan which is consistent with the initiative and outlined in the mayor for Economic...
Launch conference
The European Bank for Reconstruction and Development (EBRD) has launched a new EUR 10 million credit line for SMEs in Moldova supported by EU4Business . The funds could help your SME take advantage of the opportunities offered by the Deep and Comprehensive Free Trade Area (DCFTA) agreement Moldova has with the EU. The credit facility aims to help local SMEs invest in improvements in product...
Prime Minister of the Republic of Moldova Pavel Filip
Moldova is making good progress overall in the Deep and Comprehensive Free Trade Area (DCFTA) it has with the EU - but needs to advance in several sectors, a key meeting held in Brussels heard on 31 March. Moldovan Prime Minister Pavel Filip met with EU High Representative Federica Mogherini and the European Commissioner for European Neighbourhood Policy & Enlargement Negotiations, Johannes...
The East Invest 2 programme is recruiting EU experts to take part in a training academy for senior managers of Business Support Organisations (BSOs) in the Eastern Partnership (EaP) countries. The BSO Strategic Planning Academy will take place from 8 to 11 May 2017 in Westerham, Germany, organised under East Invest 2 , an EU-funded programme targeting Business (Support) Organisations (BSOs) and...
Business associations in Armenia are creating a website to encourage SMEs to complain about barriers they face in doing business. The new reporting platform is part of a project, “Evidence-based Advocacy for Reform”, funded by the EU4Business programme. The European Business Association Armenia , the voice of the EU business community in the country set up by the EU Delegation to Armenia , said...
The EU has allocated €14.5 million to Azerbaijan as part of the country’s regional development programme. It envisages a wide range of measures, from twinning and technical assistance to the creation of a business information system in rural area s, improved support for the development of SMEs in rural areas and family farming, the introduction of agriculture consulting services system, and...
The EU intends to expand dialogue and cooperation with Azerbaijan as the two parties begin negotiations for a comprehensive new partnership agreement that will better address their shared challenges, said Christian Danielsson, director general for neighbourhood and enlargement negotiations at the European Commission. Mr Danielsson was speaking during a meeting with his Azerbaijani counterpart...
The EU is to provide a further €6 million for the development of SMEs in Belarus over the next four years – with a special emphasis on innovative startups and women in business . “We would like to support innovative fledgling companies and small enterprises, and women who are engaged in business under the very good Women in Business project launched this year,” said Andrea Wiktorin, Head of the...