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The proposal for a European Capital Markets Union (CMU) carries large potential economic benefits from enhancing the financing possibilities for Small and Medium-Sized Enterprises (SMEs). By deepening the capital markets and strengthening cross-border integration, the European Commission hopes...
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1. Introduction / Jonathan M. Scott and Javed G. Hussain -- 2. SME lending : a new role for credit unions? / Steve …
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impact on public and private debt. In addition, the KGF mechanism needs to prioritize SME financing in value-added tradeable …
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Credit Guarantee Schemes (CGSs) are a widely used policy tool to ease access to finance by SMEs, which, in some countries, ramped up in the aftermath of the 2008-09 financial crisis. The present study aims to improve understanding about the role, impact and sustainability of CGSs, by...
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