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EESC President Henri Malosse

President's blog European Elections 22-25 May 2014 - Act. React. Impact.

 

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Improving access to finance for SMEs

Public Hearing - EESC - Brussels - VM3, Belgium

Access to finance is essential to enhance the competitiveness and growth potential of SMEs. In the context of the current crisis, it is increasingly difficult for such companies to access loans or venture capital.
 

The European Commission presented in December 2011 a strategy to promote better access to finance for SMEs with a specific EU Action Plan which includes an increasing financial support from the EU budget and the European Investment Bank as well as a proposal for a regulation setting uniform rules for the marketing of venture capital funds.
 

The public hearing that took place on 28 June gathered stakeholders from SMEs and the financial community to discuss these issues.

 

Contact: int-events@eesc.europa.eu