Author (Corporate) | European Commission: DG Communication |
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Series Title | Memo |
Series Details | MEMO/11/853 (29.11.11) |
Publication Date | 29/11/2011 |
Content Type | News, Overview |
The European Commission have adopted a measure to reinforce investment in businesses in all Member States through financial engineering instruments. The aim is to use structural funds as a guarantee for small and medium-sized enterprises (SMEs) to gain access to credit. The new measure allows investing in enterprises at any stage of their normal business activity and not only at the time when they are established or are expanding, as was the case until now. This measure is of particular importance in times of lack of liquidity for enterprises and public budgetary constraints. |
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Source Link | http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/11/853&format=HTML&aged=0&language=EN&guiLanguage=en |
Subject Categories | Business and Industry |
Countries / Regions | Europe |
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