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Germany and Spain sign agreement on financing Spanish SMEs worth 1.6 billion euros

04/07/2013. The German Finance Minister, Wolfgang Schäuble, and Economic Affairs Minister, Philipp Rösler, and their Spanish colleagues for Economic Affairs and Competition, Luis de Guindos, and Industry, José Manuel Soria, presented an agreement in Berlin on the financing of Spanish small- and medium-sized enterprises worth a total of 1.6 billion euros. The German credit institute KfW and the Spanish ICO will each contribute 800 million euros.

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04/07/2013. The German Finance Minister, Wolfgang Schäuble, and Economic Affairs Minister, Philipp Rösler, and their Spanish colleagues for Economic Affairs and Competition, Luis de Guindos, and Industry, José Manuel Soria, presented an agreement in Berlin on the financing of Spanish small- and medium-sized enterprises worth a total of 1.6 billion euros. The German credit institute KfW and the Spanish ICO will each contribute 800 million euros.

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