News

UfM launches Euro-Mediterranean Guarantee Network linking up credit guarantee agencies

The credit guarantee agencies for micro, small and medium-sized enterprises (MSMEs) from Morocco, Tunisia, Egypt, Jordan, Palestine and Lebanon have signed a Memorandum of Understanding (MoU) at the premises of the Secretariat of the Union for the Mediterranean, launching a Euro-Med Guarantee System Network (EMGN).
 
TheMoU is the first step towards the crystallisation of an upcoming project entitled Euro-Mediterranean Guarantee Network (EMGN).The objective of the EMGN project will be to facilitate training, exchange of best practices to improve the institutional environment as well as research and studies on the feasibility of fostering counter-guarantee funds to support MSMEs in the Mediterranean partner countries and to promote research and analytical tools to create guarantee instruments, in particular those which are dedicated to micro and small and medium sized enterprises, and which fall under the interest of the parties.
 
Support for business development is one of the key priorities of the UfM, in particular in assisting the development of micro, small and medium-sized enterprises.(ENPI Info Centre)
 
 
Read more
 
Press release
  
Secretariat of the Union for the Mediterranean - website
 
UfMprojects funding coordination and business development
 
ENPI Info Centre webpage – economy


NEWS
LACTIMED weeks: a journey through Mediterranean flavours
To promote Mediterranean dairy products, the EU-funded project LACTIMED,...
€200 million in 2014 to support Tunisian transition to democracy
The EU and Tunisia have signed a Memorandum of Understanding on the nature of...
Jordan: EU promotes better employment services and more effective vocational education and training
The second in a series of round tables has taken place in Jordan on reforms...
FEATURES
'Fertigation' saves farmers while protecting nature
It's not easy to cope with an increased demand for agricultural products...
The biggest solar complex in Africa
With support from the European Union, the Moroccan Solar Energy Agency is busy...
A passport for exports
Creating and developing small- and medium-sized enterprises (SMEs) is a major...
PUBLICATIONS
Young people not in employment, education or training in the EU Neighbourhood Countries – ETF Report
 A study conducted by the ETF on the situation of young people not in...
The Neighbourhood Investment Facility (NIF) - Activity report 2008-2012
The Neighbourhood Investment Facility (NIF) is financial mechanism aimed at...
FEMIP 2012 annual report
 In 2012, FEMIP – the European Investment Bank’s (EIB)...
LINKS