Nearly two-thirds of the HUF 847bn (EUR 3.18bn) in European Union funding for development of SMEs through the New Hungary Development Plan has already been allocated, OTP Bank reported in a press release on Wednesday.
OTP Bank said that two-thirds of the approximately 15,000 SMEs that have applied for the funding through the 2007-2013 Economic Development Operative Program’s plan have been awarded support.
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