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    ACCESSING FINANCE FOR INNOVATIVE EU SMES – KEY DRIVERS AND CHALLENGES by Laura Vasilescu

    Published 2014-11-01
    “…The current economic environment has brought SME needs into particular focus given the significantly tightened credit supply conditions arising from the reduced ability and willingness of banks to provide financing. In order to improve the access to finance for SMEs, the efforts should be focused at the European and national levels on solving the problems regarding working capital, improving entrepreneurship and financial environment in the long term, attracting new financial resources, facilitating dialogue and consultation between governments, SMEs and financial institutions. …”
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