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Financing small businesses in France
Dietsch, Michel - Economics Department, European Investment Bank (EIB) - 2003
availability of credit for small and medium-sized enterprises (SMEs). Consolidation has been associated with an increase in the … diversification effects and low default correlations of SMEs. It also argues that the current Basel II proposal is conservative … rationing of SMEs does not seem to be a serious problem and Basel II is unlikely to hold back SME lending. …
Persistent link: https://www.econbiz.de/10005009780
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The transformation of finance in Europe:introduction and overview
Peree, Eric; Riess, Armin - Economics Department, European Investment Bank (EIB) - 2003
This paper introduces the topic of Europe's changing financial landscape and highlights the findings of the contributions to this volume of the EIB Papers. Key points emerging from this overview include: (i) a variety of factors are reshaping Europe's finance, notably the Single Market, EMU,...
Persistent link: https://www.econbiz.de/10005009786
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Are finance constraints hindering the growth of SMEs in Europe?
Wagenvoort, Rien - Economics Department, European Investment Bank (EIB) - 2003
This paper examines whether small and mediumsized enterprises (SMEs) in Europe suffer from a structural financing …. Our results show that the sensitivity of company growth to cashflow rises as company size falls, which suggests that SMEs …
Persistent link: https://www.econbiz.de/10005009789