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Dec 17, 2020 13:23 EEST
December 17 (SeeNews) - The European Union (EU) plans to provide an 11 million euro ($13.5 million) grant to Serbia's Development Agency in support of small and medium-sized enterprises (SMEs), the Serbian government said.
The funds will help Serbian SMEs overcome the technological gap and modernise production, expand capacity, create jobs and improve competitiveness, the Head of the EU Delegation to Serbia, Sem Fabrizi, said on Wednesday, as quoted in the government statement.
Moreover, the EU is ready to support the establishment of a platform for coordination of reforms in business through a 8 million euro project that will also contribute to the simplification and digitalisation of services provided by the state, Fabrizi said during a meeting with economy minister Andjelka Atanaskovic.
Guidelines for the continuation of cooperation between the economy ministry and the EU Delegation in Serbia on the implementation of structural reforms were also agreed at the meeting.
($ = 0.8177 euro)
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