funding to firms, even small firms, quickly, without increasing their leverage and default risk. The plan combines outright …. The implied equity-like payment structure has positive risk-sharing features for firms, without impinging on ownership …

to the euro crisis of 2011, the cause of the current crisis does not lie in the financial markets; therefore, the risk of …

features. It: a) offers better risk sharing opportunities, augmenting the resilience of businesses and EU economies; b) is need …