KYIV, March 22 – The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are extending their support to small and medium-sized enterprises (SMEs) in Georgia, Moldova and Ukraine to EUR 1.15 billion, the EBRD has said in a press release.

A total of almost EUR 1.1 billion is provided in credit lines and trade finance under the EU4Business programme and EUR 58.3 million in EU grants.