EIF signs deal to channel €1bn to SMEs in central and eastern Europe
The European Investment Fund (EIF) and UniCredit have signed a deal that looks to channel €1bn to 2,500 small-to-medium enterprises across central and eastern Europe. Announced yesterday, the deal will see the EIF provide two guarantees worth around €370m to UniCredit Group to finance approximately €1bn of investment made by small businesses in Bulgaria, Croatia,…