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This paper provides a pan-European assessment of EU credit guarantees to SMEs. Synthesizing past research, it investigates the firm-level economic impact of over 360,000 guaranteed loans under the EU MAP and CIP programmes from 2002 to 2016. These loans represented a total amount of EUR 22bn...
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rates. The study also estimates the effects of guaranteed loans on SME productivity. Consistent with earlier works, the …
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entrepreneurship EU SME Guarantee Facility in Central, Eastern and South-Eastern European (CESEE) Countries in the period 2005 …-2012. Data on SME beneficiaries has been collected from administrative records and enriched with information on firms' financial … to evaluate the effect of having received a MAP-guaranteed SME loan on firm performance (employment, production …
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