The EIB is the European Union’s bank. It´s the only bank owned by and representing the interests of the European Union Member States. It works closely with other EU institutions to implement EU policy. As the largest multilateral borrower and lender by volume, it provides finance and expertise for sound and sustainable investment projects which contribute to furthering EU policy objectives. More than 90% of our activity is focused on Europe but it also implements the financial aspects of the EU’s external and development policies. Sigue leyendo
According with “Survey on the access to finance of small and medium-sized enterprises in the euro area” publishes by European Central Bank (ECB), in the period from April to September 2012 (H2 2012), which was characterised by weakening economic activity in the euro area, a net 10% of euro area SMEs reported a contraction in turnover. This represented a further deterioration compared with the previous six-month period when SMEs reported a contraction, for the first time since 2010.