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access traditional bank lending. Using European firm-level data on SME access to finance since the onset of the financial …
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After the global financial crisis and during the European sovereign debt crisis, bank lending to companies in the euro area slowed down dramatically, bringing the economy close to a credit crunch. It was only after the start of the European Central Bank (ECB) quantitative easing programme in...
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’s Public Sector Purchase Programme (PSPP) on the access to finance of small and medium sized enterprises (SME) using firm …
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