European Bank to assist in the recovery of Greek firms following the pandemic

The European Bank for Reconstruction and Development (EBRD) is willing to support the Greek government’s efforts for the recovery of enterprises after the pandemic crisis, Dimitra Papandreou, principal manager of EBRD and head of the program of Consultancy Services to Small- and Medium-sized Enterprises in Greece, told the Athens-Macedonian News Agency (ANA) on Tuesday.

The main problems facing Greek SMEs during the pandemic are difficulty in obtaining direct financing of moving capital, delays in the delivery of raw materials, and an inability to quickly adapt their operating model to find new customers, for example through e-commerce, Papandreou said, adding: “One of the initiatives we promoted during the pandemic is the creation of an e-platform “KnowHow Academy” offering free educational content on facing the crisis, addressed to SMEs, with issues such as customer/supply management, financial management, funding, personnel management, and leadership challenges. We continue to be close to the needs of the market, offering consultancy services to Greek SMEs through a network of certified consultants in Greece and abroad. EBRD covers 70-88 pct of the net cost of consultancy work”.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

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