SME Initiative to provide new financing worth EUR 1.2 billion for southern Italy, Sicily and Sardinia

SMEs located in southern Italy, Sicily and Sardinia are set to receive new financing worth EUR 1.2 billion. This finance will be provided via the “ Iniziativa PMI ” ( SME Initiative ) launched today in Rome by the Ministry of Economic Development, the European Commission and the EIB Group (EIB and EIF). Italy is the first of the European Union’s Member States to implement the new securitisation programme for access to finance provided during the EU’s 2014-2020 programming period.  The SME Ini…

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