In dealing with the Covid-19 outbreak, the Turkish government continues to support its people to overcome this period. Accordingly, President Recep Tayyip Erdogan announced new economic support ” NEFES KREDİSİ: Breath credit” to assist various sectors.
At the beginning of this month, applications began for the “breath credit” project. Which was carried out in cooperation with the Union of Chambers and Commodity Exchanges of Türkiye (TOBB), Credit Guarantee Fund (KGF), Ziraat Bank and Deniz Bank.
The “Breath Credit” project is based on the following idea:
The Union of Chambers and Commodity Exchanges (TOBB) deposits the equivalent of 500 million Turkish liras in Ziraat and Deniz Bank. Which will allow using loans worth 5 billion Turkish liras (10 times this amount). Then the role of the Credit Guarantee Fund comes. It will guarantee the small and medium business owners who cannot use loans due to the lack of their guarantees.
Who can benefit from The “Breath Credit”? How much is it? What is the payment plan?
The Turkish SMEs, which are the most affected by the epidemic, will be able to use of 50k, 100k or 150k TL. Depending on the provinces In which it operates and also according to its turnover volume during 2020.
The loan facility will have a 6-month grace period. Moreover, the creditor can repay in 12 instalments-night with low interest (9.90% per year).
They expected that 70.000 SMEs will use the “breath credit” within two months.
It is worth noting that Türkiye has begun to return to its normal life. With the beginning of this month, July, all-night and weekend curfews, which have been in force for months, have been completely cancelledallow use. There will be no restrictions on travel between Turkish cities. Cafes and restaurants are now allowed to receive customers without restrictions.
This came after the Turkish government announced that it had exceeded the 51 million doses of Coronavirus vaccination for its people and residents. As a part of a plan to implement a rapid vaccination schedule. That exceeded the threshold of 1.5 million doses of the Corona vaccine per day.
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Study and Living in Albania
In this article, we are going to explain in short about studying and living in Albania the types of higher education in Albania, the tuition fees and living expenses in Albania
What Languages Are Spoken in Albania?
The spoken languages in Albania:
Albania is an ethnically homogeneous country with a vast majority of the population speaking the Albanian language. Minorities in the country speak their own native languages like Greek, Macedonian, Romani, and others. Italian and English are the most popular foreign languages spoken by Albanians.
12 Fun & Interesting Facts About Albania
Here are some fun & interesting facts about Albania:
In the evenings, the locals like to walk. But it’s not just a walk, it’s an official evening walk where every resident comes out to stretch their legs and catch up with their neighbors. Everyone gathers at various places, walking and talking until nightfall.
Agriculture, Forestry, and Fishing in Albania
Agriculture is an essential sector in Albania. One of the earliest agricultural lands in Europe has been found in southeastern Albania.
The former governments allocated substantial resources to the development of agriculture. Large-scale programs of land reclamation, soil improvement, and irrigation, as well as increased use of fertilizers, all contributed to a significant expansion of agricultural production. Later, agriculture has registered annual growth during the latest periods.