Support for Export-Oriented SMEs

Politics ♦ Published: June 29, 2012; 12:50 ♦ (Vindobona)

The Austrian Ministry of Finance increased the bill guarantee facility for small and medium-sized enterprises to € 1.2bn.

Support for Export-Oriented SMEs / Picture: ©

The Federal Ministry of Finance (FMF) intends to make it even easier for small- and medium-sized business entities (SMEs) that export goods and services from Austria to gain access to liquidity, and for this reason the federal government is increasing the export guarantee facility of the Exportfonds, the Austrian export credit agency, by € 200m, to a total of €…