Government simplifies conditions for cheap loans for employment

The Government significantly simplified the conditions for receiving loans to companies for opening new jobs.

The companies that have one employee will be enough to get a loan, Government Spokesperson Aleksandar Gjorgjiev said Saturday. Also person who will be employed in the company does not have to be registered for 3, 6 months or a year, but only one day in the Employment Agency.

Government measures for crediting the companies was introduced at the beginning of this year and foresees approval of €3.000 loan for every employment or a total of €9.000 for at least 3 persons.

So far three public notices have been realised for approval of loans for over 250 persons. The changes that simplify the conditions for getting a loan are expected to drastically increase this number, Gjorgjiev said.