LEGAL ASPECTS CONCERNING THE MIHAIL KOGALNICEANU PROGRAMME FOR SMALL AND MEDIUM SIZED ENTERPRISES

Remus Baciu () and Adriana Deac ()
Additional contact information
Remus Baciu: Law Department, Bucharest University of Economic Studies, Romania
Adriana Deac: Law Department, Bucharest University of Economic Studies, Romania

Perspectives of Law and Public Administration, 2012, vol. 1, issue 1, 310-314

Abstract: The Mihail Kogalniceanu Programme for small and mediu-sized enterprises is a multi-annual programme meant to boost the creation and development of small and medium – sized enterprises, consisting in a credit line, amounting up to RON 125.000 for one SME yearly, with an interest partially subsidised and, possibly, guaranteed by the state. In order to make it easier for SMEs to have access to credits, the Programme regulates a number of facilities for partial subsidization of the interests and, as the case may be, for guaranteeing the credits granted to the SMEs by the credit institutions, as well as a number of specific obligations, namely eligibility criteria that the SMEs should meet in order to benefit from these facilities.

Keywords: Mihail Kogalniceanu Programme; SMEs; government programme; interest subsidization; government guarantees; credit supply (search for similar items in EconPapers)
JEL-codes: K20 (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.businesslawconference.ro/revista/artico ... ana%20Deac%20Eng.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sja:journl:v:1:y:2012:i:1:p:310-314

Access Statistics for this article

More articles in Perspectives of Law and Public Administration from Societatea de Stiinte Juridice si Administrative (Society of Juridical and Administrative Sciences) Contact information at EDIRC.
Bibliographic data for series maintained by Catalin-Silviu Sararu ().