Luxembourg announces a financing offer at 0% for small and medium businesses

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A new credit “competivity and sustainability” has been announced by the ministers of Finance and Economy. The measure completes the simplification measures which have been announced in March.

This credit can be up to 80 %, commercial banks, who also distribute the credits, have to finance the rest. The maximum is 200 000 € per project, the credit duration is maximum 10 years.

Original article at Luxemburger Wort

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