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More Finnish money for Northwest Russia

The Finnish Minister of Trade and Development has granted an additional 500.000 EUR to small and medium-size business development in Northwest Russia.

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Minister Paavo Väyrynen this week announced that an additional 500.000 EUR grant will be made available for cooperation on establishment projects of small and medium-sized enterprises (SMEs) in Northwest Russia. The money comes in addition to a 600.000 allocation made earlier this year, a government press release reads.

The money covers the period 2009–2010.