needs of SMEs in Russia and identify the market failures. In addition to senior debt, which is the main instrument currently … available to the EIB in Russia, the study also examines the needs for risk-bearing instruments as well as SME loan guarantees …

, EPTATF. The study assesses the financing needs of the SMEs in the Eastern Partnership countries and the market failures that … are constraining the development of the SME sector. In addition the study addresses the funding needs of the … intermediaries that specialize in SME financing and examines the potential for different types of financial products including equity …

, EPTATF. The study assesses the financing needs of the SMEs in the Eastern Partnership countries and the market failures that … are constraining the development of the SME sector. In addition the study addresses the funding needs of the … intermediaries that specialize in SME financing and examines the potential for different types of financial products including equity …

, EPTATF. The study assesses the financing needs of the SMEs in the Eastern Partnership countries and the market failures that … are constraining the development of the SME sector. In addition the study addresses the funding needs of the … intermediaries that specialize in SME financing and examines the potential for different types of financial products including equity …

, EPTATF. The study assesses the financing needs of the SMEs in the Eastern Partnership countries and the market failures that … are constraining the development of the SME sector. In addition the study addresses the funding needs of the … intermediaries that specialize in SME financing and examines the potential for different types of financial products including equity …

, EPTATF. The study assesses the financing needs of the SMEs in the Eastern Partnership countries and the market failures that … are constraining the development of the SME sector. In addition the study addresses the funding needs of the … intermediaries that specialize in SME financing and examines the potential for different types of financial products including equity …

, EPTATF. The study assesses the financing needs of the SMEs in the Eastern Partnership countries and the market failures that … are constraining the development of the SME sector. In addition the study addresses the funding needs of the … intermediaries that specialize in SME financing and examines the potential for different types of financial products including equity …

In the wake of the crisis, the capacity of many banks to lend to relatively high-risk sectors such as SMEs and young …