Leverage

The new Entrepreneurship Fund (TEPIX III) is offering small and medium-sized enterprises the chance to obtain loans of 2.2 billion euros on favorable terms, through the 12 cooperating banks.

The Hellenic Development Bank (EAT) will activate the third edition of the Entrepreneurship Fund (TEPIX III), with a total budget of 500 million euros.

It aims to support entrepreneurship with loans and guarantees of a total amount of €2.2 billion through the leverage of funds from the banks as well.

Erdogan privately disdains NATO & uses it as a tool to gain leverage being ready to move closer to Russia, to Iran & coddle the most radical Islamist movements

The Turkish corporate sector has been able to handle the economic turmoil well, investment bank Jefferies has said in a recent report that suggests it is in much better shape to manage any shock adjustment.

It’s legitimate to worry about the extent to which his assets & family members in Turkey would provide Erdogan with leverage over the future senator

European Economy Commissioner Paolo Gentiloni has expressed his intention to support decisions that will help the Greek economy to grow, sending a positive signal to the government regarding its request for the reduction of the primary surplus target.

Because Turkey is part of NATO and integrated with global institutions, American politicians use that leverage to change its behavior in Syria, an expert at a U.S.-based think tank told.

At least 56 percent of small and medium-sized enterprises (SMEs) are now in debt due to low liquidity and high borrowing, a combination that forbids them from meeting their short-term obligations. Only a fraction have a chance of having their debt restructured, which means that sooner or later they will follow the fate of many of their peers and be forced to shut down.

Turkish forex players' money will remain within the country in line with new regulations, Deputy Prime Minister Nurettin Canikli has stated.

The noose is tightening around state and bank debtors, as the tax administration is getting ready to carry out asset confiscations and repossessions from some 1.6 million taxpayers by the end of the year, while banks are gearing up for a wave of property auctions that will be allowed following notaries' decision to that end.