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More small firms bailed out

Wednesday 23 March 2011

The state spent €153m bailing out very small firms in financial trouble last year, up 27% on 2009, the Financieele Dagblad reports on Wednesday.

The state has a special fund to help small firms in difficulty, but companies only qualify if they can prove they are viable.

Claims from the big cities rose 31%, with Rotterdam leading the way. There the number of companies asking for help rose 50% to 750.

© DutchNews.nl


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