Many policy actions of the CMU have the objective to enhance access to finance for the so-called backbone of the European economy—the SMEs. The CMU aims at improving the framework conditions for SME financing, at strengthening bank lending—as the most important external financing source for...

Konsum- und Geschäftsmodelle können nur bedingt als alternativ gelten, so lange sie über das bestehende Geld- und Finanzsystem abgewickelt werden. Denn dieses steht schon in den beiden grundlegendsten (Deduktions-)Dimensionen – Raum und Zeit – für das Große und Schnelle und somit für...

The contribution of institutionally diversified financial sectors to more sustainable growth and financial stability -in particular the role of effective local banking structures -is not always fully appreciated, whether in the context of development cooperation or in policy discussions in the...

The paper assesses the main factors underlying the decreasing profitability in the European banking sector, in comparison with the US. It underscores in particular the role of low interest rates, lower concentration, tighter regulation and the absence of a deep and liquid capital market. A...

The article provides an overview of the most important current EU initiatives contributing to sustainable finance. After an introduction on how the concept of sustainability entered the domain of European policy, the definition of sustainable finance from the EU perspective is discussed, as well...

Konsum- und Geschäftsmodelle können nur bedingt als alternativ gelten, so lange sie über das bestehende Geld- und Finanzsystem abgewickelt werden. Denn dieses steht schon in den beiden grundlegendsten (Deduktions-)Dimensionen – Raum und Zeit – für das Große und Schnelle und somit für...

Many policy actions of the CMU have the objective to enhance access to finance for the so-called backbone of the European economy-the SMEs. The CMU aims at improving the framework conditions for SME financing, at strengthening bank lending-as the most important external financing source for...

The contribution of institutionally diversified financial sectors to more sustainable growth and financial stability-in particular the role of effective local banking structures—is not always fully appreciated, whether in the context of development cooperation or in policy discussions in the...

The paper assesses the main factors underlying the decreasing profitability in the European banking sector, in comparison with the US. It underscores in particular the role of low interest rates, lower concentration, tighter regulation and the absence of a deep and liquid capital market. A...

The article provides an overview of the most important current EU initiatives contributing to sustainable finance. After an introduction on how the concept of sustainability entered the domain of European policy, the definition of sustainable finance from the EU perspective is discussed, as well...