Greek governor wants to promote SME access to capital markets
SMEs remain largely dependent on bank loans for financing
Yannis Stournaras called on policy-makers to help small and medium-sized enterprises (SMEs) access capital markets, as part of their efforts to boost the supply of credit to the real economy in the eurozone.
The Bank of Greece governor told an audience in Slovenia he supported the European Central Bank campaign for a change in the regulatory treatment of asset-backed securities.
He also stressed the need to "broaden the sources of financing of the economy toward capital markets" – citing the
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