Sursa foto: Inquam Photos / Octav Ganea
One of the most progressive components of the National Recovery and Resilience Plan (PNRR) is that of financial instruments and grants for the private business environment, and SMEs will have half a billion euros available as a risk capital facility, under an agreement signed with the European Investment Bank and the European Investment Fund, Minister of European Investments and Projects Cristian Ghinea declared on Thursday after the government meeting.
"The PNRR component of financial instruments and grants for the private sector is one of the most advanced. We negotiated with the European Investment Bank and the European Investment Fund, we are prepared to sign an agreement as soon as the PNRR is approved and this injection of capital into the private economy means a portfolio guarantee of 400 million euros; this means that companies in crisis can access a state-secured bridge loan until the crisis ends. There will be another 100 million euros as portfolio guarantee related to climate change. So, the companies looking to invest in refurbishment can apply here. There's a risk capital facility for SMEs of half a billion euros. This means that immediately after the approval of the PNRR, the EIB and the EIF will start the process of selecting local banks that will be offered portfolio guarantees and that will make this money available further. We estimate a leverage effect, in the sense that one euro put through this guarantee instrument will generate 4 or 5 euros in the real economy," Ghinea explained.