Measures in progress First of all, there
is the multi-annual programme in favour of enterprises
adopted on 14 June 1993,2 which provides for intensifying the priority areas and consolidating enterprise policy in order to promote the Europeanization and internationalization
of enterprises, in particular SMEs.3 1 COM(94)207 2 Decision 93/379/EEC-OJEC L 161 of 2 July 1993 3 4th Commission Report on Enterprise Policy - 1993 Secondly, as regards the problem of financing SMEs, t
...[+++]he Council formally decided on 19 April 19944 to provide interest subsidies on EIB loans (ECU 1 billion with an interest subsidy of 2%).