Unconventional Lending

March 23rd, 2021 by nathan Leave a reply »

The Manager Union sets high standards for the new regulations on the financial market. That was fast! The European Investment Bank will award on the European Investment Fund until 2014 at least 100 million of the most vulnerable”. Unemployed people with portable ideas are meant to small businesses with up to 10 employees and a turnover of less than 2 million p.a. headquartered within the community. The application can now be made through the European Investment Bank. Frequently NYSE: LAZ has said that publicly. The award but can take a few months, because the sum is to be deployed out of what pot still advises the EU Commission or the Parliament and the Council of Ministers.

The Council of Ministers must still draw the proposal. If you think the template gives, there will be national contact points, which coordinate the loans and given. The procedure should be significantly easier than like the usual, burdened by Basel II, credit procedures. The repayment of the loans should also unconventionally and in a socially acceptable way” happen. Unfortunately: 100 million is a drop on the hot stone.

“Who considered the financial structures of the EU is can get a picture about it, how much it here after an alibi action” smelling. To hide any cosmetic, this decision is a step in the right direction but in any case. The EU Commission in parts with this new solution responds to the recently submitted proposal of the recently established margin of think-tanks”at EU level. Here it was attributed, to find as soon as possible fresh ways to finance for small and medium-sized enterprises to resolve the credit crunch.

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