SME financing

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Blog Post

Cryptoeconomics – the opportunities and challenges of blockchain

While the activities using the peer-to-peer cryptocurrency Bitcoin swing between legal and illegal, the attention has been increasingly shifting to the technology underlying Bitcoin, known as blockchain. The mechanics and economics of Bitcoin have been reviewed in a previous Bruegel blogpost. In this blog review we explain, or at least attempt to, what blockchain is and whether it contains the extraordinary innovation potential that its proponents believe it to have, or perhaps such hype is oversold.

By: Uuriintuya Batsaikhan Topic: Innovation & Competition Policy Date: July 3, 2017
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Past Event

Past Event

How can development banks best support growth in Central, Eastern and South Eastern Europe?

European Macroeconomics & Governance

Topic: Finance & Financial Regulation, Global Economics & Governance Date: June 2, 2015
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Past Event

Past Event

Building Entrepreneurial Ecosystems in Europe

Growth & Innovation

Topic: Innovation & Competition Policy Date: December 2, 2014
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Policy Contribution

European Parliament

Banking system soundness is the key to more SME financing

This briefing paper was prepared for the European Parliament Committee on Economic and Monetary Affairs ahead of the European Parliament’s Monetary Dialogue with ECB President Mario Draghi on 8 July 2013. The SME access-to-finance problem is not universal in the European Union and there are reasons for the fall in credit aggregates and higher SME lending rates in southern Europe. Possible market failures, high unemployment and externalities justify making greater and easier access to finance for SMEs a top priority. 

By: Zsolt Darvas Topic: European Macroeconomics & Governance, European Parliament, Finance & Financial Regulation Date: July 14, 2013