Brussels presented a series of reforms on Thursday to unlock long-term financing in an attempt to revive lending to Europe’s
credit-starved small and medium companies and reignite infrastructure investment across the continent.
The European Commission said that it would take decisive steps to bolster the moribund
market for securitisation, reinforce the capacity of occupational
pension funds to invest in financial assets and strengthen the emerging online crowdfunding sector.
The announcement indicates Brussels’ main reform priorities for the
financial sector in the next five years to speed up Europe’s recovery
and steady return to growth in the aftermath of the worst economic
crisis since the 1930s.
Read more: Brussels reforms target lending to Europe’s credit-starved SMEs - FT.com
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