Press Release: Montenegro joins COSME, the EU´s financing programme for small and medium-sized enterprises

Montenegro is the first candidate country to join the EU's Competitiveness of Enterprises and Small and Medium-Sized Enterprises Programme (COSME), under which the European Commission promotes entrepreneurship and entrepreneurial culture, improves access to finance for SMEs and access to markets, boosts the competitiveness of Enterprises, and in particular small and medium-sized enterprises (SMEs).

On 25 June 2014, the European Commission Vice President Antonio Tajani and Mr Vladimir Kavarić, Minister of Economy of Montenegro, signed an Agreement formalising the entry of Montenegro in the Competitiveness of Enterprises and Small and Medium-sized Enterprises Programme.

• Primary Source

ESO: Background information: Legacy of Barroso II Commission http://www.europeansources.info/record/legacy-of-barroso-ii-commission/

ESO: Background information: COSME: € 2.3 billion to foster the competitiveness of SMEs over the next seven years http://www.europeansources.info/record/press-release-cosme-e-2-3-billion-to-foster-the-competitiveness-of-smes-over-the-next-seven-years/

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