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G-20 initiative: EFSE and its underlying concept world's no. 1
Frankfurt am Main, 12 November 2010 – Incepted five years ago by KfW Entwicklungsbank (The German Development Bank), the European Fund for Southeast Europe (EFSE) was awarded first prize at the G-20 summit in Seoul, receiving by far the most votes during a world-wide election in early November. With this award, the innovative, crisis-resistant fund model for financing small and medium enterprises (SME) has received one of the highest credentials possible.
For more information, please see the press release:
G-20 initiative: The European Fund for Southeast Europe and its underlying concept selected as the world's no. 1
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