EFSE confirms support for micro and small enterprises

TIRANA, June 7 – The European Fund for Southeast Europe (EFSE) has reaffirmed its commitment to support micro and small enterprises in the region. Addressing the annual EFSA meeting in Tirana, Klaus Glaubitt, the Chairman of the EFSE’s Board of Directors, said “the fact that Tirana is this year’s venue for the EFSE Annual Meeting only reaffirms our strong partnership with Albania. The EFSE will increase financing to local institutions here by EUR 30 million over the next five years. This will facilitate approximately 9,400 MSE and home improvement loans. Besides strengthening Albania’s economic fabric, it will also help to pave the way for integration into the European economy.” Carola M