North Macedonia, Dec. 30 -- The European Bank for Reconstruction and Development (EBRD) and the European Union (EU), in partnership with ProCredit Bank Skopje, are boosting access to finance for micro, small and medium-sized enterprises (MSMEs) across North Macedonia.Under the agreement signed today, the EBRD will provide ProCredit Bank Skopje with an unfunded risk-sharing guarantee of up to €25 million. The guarantee will cover up to 50 per cent of the credit risk on new loans issued by ProCredit and will therefore pave the way for up to €50 million in new MSME lending through this EBRD portfolio risk-sharing product.The guarantee is backed by technical assistance and a first-loss counter-guarantee from the EU's European Fund f...