Twitter (schulte_stef) | 17.06.2018

"In the EU, market-based financing of [SMEs] accounts for less than 15% of their total financing, and is very costly". Likely reason: Capital market instruments are not suitable for most SMEs. This is why we argue that Europe needs more small local banks: https://t.co/S5tQ8YEjwK https://t.co/TzBhypS7Ai