Business boost

A new credit line aimed at small and medium-sized enterprises (SMEs) that are keen to enter the export market was announced by the Minister of Economy last week. Álvaro Santos Pereira said companies that are focusing on exports and have encountered difficulties accessing finance should take advantage of the new credit line, amounting to €500 million. The credit line runs for a period of one year, but may be extended. Each company is allowed up to €2 million in credit.