Kraemer-Eis, Helmut; Lang, Frank - In: Vierteljahrshefte zur Wirtschaftsforschung 86 (2017) 1, pp. 95-110
European economy-the SMEs. The CMU aims at improving the framework conditions for SME financing, at strengthening bank lending …-as the most important external financing source for SMEs- and to diversify the range of potential financing sources for SMEs …-for various financial instruments from debt to equity. This article explains the SME financing-related objectives of the CMU by …