In an attempt to help finance the Greek SMEs, the Greek stock market prepares to issue the already first batch of small bonds (minibonds) expected after the summer.

According to Reuters, the economic recovery in Greece is closely linked to the health of small businesses, which constitute the 99.9% of the total, employing 85% of the workforce. But these firms find it difficult to raise financing from domestic banks.

The design of the Stock Exchange in order to boost loans to companies, starting with allowing them to issue bonds lasting five months through the Alternative Market (ENA).

Finally, according to the Deputy General Manager of ASE Mr. Nicholas Porfiris stated that: “We are already in contact with publishers, for listed and non listed companies, and we expect the first releases in September”.