{"id":3162917,"date":"2021-05-20T15:11:23","date_gmt":"2021-05-20T15:11:23","guid":{"rendered":"https:\/\/webalkans.eu\/eu-and-ebrd-support-the-recovery-of-kosovo-smes-from-covid-19-crisis\/"},"modified":"2026-05-05T15:16:28","modified_gmt":"2026-05-05T15:16:28","slug":"eu-and-ebrd-support-the-recovery-of-kosovo-smes-from-covid-19-crisis","status":"publish","type":"post","link":"https:\/\/webalkans.eu\/en\/eu-and-ebrd-support-the-recovery-of-kosovo-smes-from-covid-19-crisis\/","title":{"rendered":"EU and EBRD support the recovery of Kosovo SMEs from COVID-19 crisis"},"content":{"rendered":"\n<div>\n\nThe European Bank for Reconstruction and Development (EBRD) is providing a \u20ac5 million loan to<span class=\"apple-converted-space\">\u00a0<\/span>Raiffeisen Bank<span class=\"apple-converted-space\">\u00a0<\/span>in<span class=\"apple-converted-space\">\u00a0<\/span>Kosovo<span class=\"apple-converted-space\">\u00a0<\/span>to boost the competitiveness of small and medium-sized enterprises (SMEs) and help them bounce back from the Covid-19 crisis.\n\n&nbsp;\n\n<\/div>\n<div>\n\nRaiffeisen Bank will lend the funds to businesses looking to upgrade their technology and processes or services to achiev<span class=\"apple-converted-space\">e <\/span>European Union<span class=\"apple-converted-space\">\u00a0<\/span>(EU) standards, particularly those related to product quality, workers\u2019 health and safety, and EU environmental requirements.\n\n&nbsp;\n\n<\/div>\n<div>\n\nSMEs can also obtain technical assistance, including hands-on<span class=\"apple-converted-space\">\u00a0<\/span>EBRD advisory support. Once they have successfully completed their investment, they will also be eligible for a cashback grant of 15 per cent of the total loan amount funded by the EU. This new facility is part of the<span class=\"apple-converted-space\">\u00a0<\/span>Western Balkans SME Competitiveness Support Programme, to which the EBRD provides loans and the EU contributes incentive payments and technical assistance. The goal is to help SMEs modernise their activities and take advantage of trade opportunities in the Western Balkans region and the wider European market.\n\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The European Bank for Reconstruction and Development (EBRD) is providing a \u20ac5 million loan to\u00a0Raiffeisen Bank\u00a0in\u00a0Kosovo\u00a0to boost the competitiveness of small and medium-sized enterprises (SMEs) and help them bounce back from the Covid-19 crisis. &nbsp; Raiffeisen Bank will lend the funds to businesses looking to upgrade their technology and processes or services to achieve European [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":3162918,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"area-of-cooperation":[],"country":[247],"opportunity-type":[],"class_list":["post-3162917","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","country-kosovo"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - 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