The London Stock Exchange is collaborating with the European Commission to devise new funding mechanisms for SMEs, and new SME envoys from all member states will meet for the first time in Budapest next week, the European Business Summit heard yesterday (19 May).
Speaking at a session questioning whether Europe had a future in the global economy (19 May), Commission Vice President Antonio Tajani said: "We are changing the rules on access to finance, where we need to account more for the needs of SMEs. The London Stock Exchange is working with me within the Financial Future Forum on formulating solutions to access to funding for SMEs."
He told EurActiv that the deal to co-operate had been reached at a meeting between the CEO of the London Stock Exchange, Mr Xavier Roleta, and members of the Financial Future Forum.
To read the full, original article click on this link: Special Report: London Stock Exchange, Commission link up on SME funding | EurActiv
