Pre-publication of the new action entitled “Produce here” with a total public expenditure of €50 million, which will be implemented using resources from the 2021-2027 Competitiveness Programme, was announced. The Action seeks to bolster domestic production, bolster exports and improve the international competitiveness of Greek SMEs, especially in sectors where there is an imbalance between domestic supply and demand in the market. The Action is co-financed by the European Regional Development Fund (ERDF) and national resources in the context of the 2021-2027 NSRF.

The Alternate Minister of Economy and Finance, Nikos Papathanassis, signed an amending decision to increase the resources of the Entrepreneurship Fund III (TEPIX III) adding an additional €200 million to further bolster SMEs and to expand access to financing for SMEs. This additional financing is allocated equally to the two branches of TEPIX III: the Loans Fund and the Guarantee Fund, thereby increasing the available budget of each Fund by €100 million.