connect with us
Greece's latest tourism industry news by Greek Travel Pages (gtp)

Favorable Loans For Greek Tourism Businesses Coming Soon

daneiaSmall tourism businesses in Greece can apply for loans between 10,000 and 30,000 euros with concessional terms as of late March, the Development Ministry announced yesterday, 21 February.

The funds will be allocated by the NSRF and add up to 80 million euros.

Businesses that can apply include hotels, rooms-to-let and catering enterprises on island regions.

According to the ministry, businesses located or stationed on islands with fewer than 3,100 residents will be charged no interest rate.

The loans can be used for investment and operating costs (replacing equipment), redecorating or for the promotion of local products.

The necessary requirements of the tourism businesses that wish to apply will be announced on 15 March 2013.

The program will be implemented by the General Secretariat of the Public Investment Fund and the Hellenic Fund for Entrepreneurship and Development (ETEAN).

Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece.
About the Author
This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner.