Solid Partnerships
in challenging
times
Watch the full greeting below:
Dr. Klaus Müller, Chairperson of the EFSE Board of Directors
A year like no other
In 2020, the global outbreak of the coronavirus threatened more than physical health. Containment measures posed exceptional challenges to the livelihoods of entrepreneurs across the world. These micro and small enterprises are vital to the economies of Southeast Europe and the EU Eastern Neighbourhood Region.
Relying on strong allies
But entrepreneurs in these regions are not alone. The European Fund for Southeast Europe, EFSE, is a seasoned expert in the needs of micro and small enterprises and the financial infrastructure they rely on. It is a trusted partner of public and private investors, national regulators, and local financial institutions in channelling resources and solutions to this important economic sector.
Response, Resilience, and Recovery
This Impact Report 2020 explores how EFSE has enacted targeted measures to combat the effects of the crisis on the entrepreneurship environment in Southeast Europe and the EU Eastern Neighbourhood Region. Through collaboration, innovation, and swift action, EFSE and its partners are empowering entrepreneurs, and the financial institutions that support them, to lay a path towards recovery.
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