Department for Business, Innovation and Skills

High approval rate for new loan issues

Almost four out of five loan applications (78%) submitted by companies in the second phase of the Guarantee Fund, an initiative that started on November 17, have been approved by the credit sector.

In just over six weeks, Greek banks have approved the issue of loans to 7,470 enterprises, of which 7,360 are small and medium-sized firms and the remaining 110 are large ones.

Human rights body calls for extension in asylum bill consultation

Greece's National Commission for Human Rights (EEDA) called on the Minister for Citizens' Protection, Michalis Chrysochoidis, to extend the period of public consultation over a bill that will bring changes to asylum law, saying the time granted is not enough for any meaningful debate.

Loans collection agencies created to force Greek debt repayments

Collection companies will be formulated to collect debt loan repayments as one of the prior actions that will immediately go into effect in an omnibus bill that was submitted in Greek Parliament on Sunday. The new bill will be voted on during the plenary session on December 15.

Turkey appealing for UK investors through British Chamber of Commerce

Already bridging economic relations between Turkey and the United Kingdom for more than 100 years, the activities of the British Chamber of Commerce in Turkey (BCCT) have been gaining further momentum over the past two years, the BCCT said in a written statement on July 7. 

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