Thousands of businesses apply for 'Anti-corona' temporary credit

Economics and politics

Thousands of businesses apply for 'Anti-corona' temporary credit

14. 05. 2020 14:10

The process of low-interest loan provision to businesses should be simplified and speeded up. Thousands of businesses have applied for state-supported 'Anti-corona' temporary credit, yet banks have provided only a few of them so far. Economy Minister Richard Sulík met with representatives of the banks on Wednesday to discuss the easing of bureaucracy connected to the anti-corona financial aid. The Economy Ministry funnelled €338 million into the project via Slovak Investment Holding (SIH), with the banks expected to supplement it with up to €845 million from their own sources.

Zuzana Botiková, Photo: Stevepb/Pixabay

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