“The European Investment Bank (EIB) has extended a 50 million euro ($58.8 million) loan to the Investment and Development Fund of Montenegro (IRF) for the support of small and medium-sized enterprises (SMEs) in the country, the IRF said on Wednesday.

The loan represents the second and final tranche of a total of 100 million euro credit line already approved by the EIB to support the development of SMEs, employment of young people and the opening of jobs, the IRF said in a statement.” (SeeNews, Pictured are Vukčević and Rivellini at the signing.)