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EU to provide 45,000 micro-loans to unemployed and small entrepreneurs

Posted on | March 10, 2010 | 2 Comments

From: EUROPA – Press Releases | March 08, 2010

EU Employment and Social Affairs Ministers today agreed on a new facility to provide loans to people who have lost their jobs and want to start or further develop their own small business . The European Microfinance Facility will have a starting budget … Read more at EUROPA – Press Releases ยป

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2 Responses to “EU to provide 45,000 micro-loans to unemployed and small entrepreneurs”

  1. Brian Heavey
    March 25th, 2010 @ 2:27 pm

    Im looking for more information on how to apply for these loans….

  2. Erik van Lennep
    March 25th, 2010 @ 4:06 pm

    Hi Brian, from the EU announcement on their website, it looks as though the facility won’t exist until June this year, and I suppose it will take Ireland some time after that to get its national programme in place (why, oh why always chasing after the ball and never in place to catch it?).

    Likely something like this would go through Enterprise Trade and (un)Employment, but I’ve not seen any discussion of it in the Irish Press.

    Whoever finds out, maybe you could post it here for the rest of us?

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