Trade with Greece
37
the “e-procurement” and “e-prescription” proj-
ects, are supported by project managers.
● Negotiations are still underway regarding the
new NSRF 2014-2020, with the aim of avoiding a
possible reduction of funds by almost 40%. In
fact, instead of a mere
€
11.2 billion initially pro-
vided for, Greece has already secured
€
14 billion,
and the draft law for NSRF III is being prepared.
Third
, dormant ETEAN (Hellenic Fund for
Entrepreneurship and Development) funds are
mobilized and the relevant procedures are simpli-
fied:
● A programme for the provision of businesses
with low-interest investment and working capi-
tal loans of
€
680 million, along with the
redesign of the Entrepreneurship Fund.
Interest rate subsidy will stand at 50%.
● Revision and simplification of the “Saving at
Home” programme, in cooperation with the
Ministry for the Environment, Energy and
Climate Change (MEECC), in order to provide
liquidity amounting to
€
450 million. The revi-
sions include the further reduction of support-
ing documents, the reduction of the time
required for inclusion in the programme by one
month, a special design for blocks of flats and
an increase in the budget for special cases. To
date, 20,000 homes have joined the pro-
gramme.
● New initiatives for the “ENALIO” fund, which
concerns the fishing fleet, fisheries, fishery
product enterprises, as well as new actions for
small and medium-sized enterprises.
Overall, it is estimated that banks will extend
loans totalling
€
1.2 billion to SMEs with no
arrears, under the guarantee of the ΕΤΕΑΝ, as
stated at a press conference by Mr. George
Gerontoukos, the Fund’s president and CEO. It is
estimated that the market will see inflows of
€
10
million from the programme on general entrepre-
neurship,
€
6 million from the programme on
young entrepreneurship,
€
140 million from the
programme on extrovert entrepreneurship,
€
150
million on thematic tourism, desalinization etc.,
and
€
10 million for the programme on innovative
entrepreneurship.
Fourth:
The Investment Incentives Law is used to
enhance liquidity, with disbursements of
€
620 mil-
lion for 2013. It is estimated that
€
250 million can
be co-financed by the NSRF.
Fifth:
Plans provide for the establishment of a
Hellenic Investment Fund, which could also con-
tribute, to a certain extent, to the effort of boosting
liquidity, as well as to making resources and
