The European Commission approved a package of measures to restore the capital markets to facilitate Bank lending to households and businesses.
“We continue our efforts to assist the citizens and businesses of the EU in the period of the coronavirus crisis and subsequent recovery”, – noted in this regard, the Chairman of the European Commission Valdis Dombrovskis.
According to him, the target of the amendment will help European businesses to obtain the necessary financing and invest in the economy, continued.
“The capital markets are vital for recovery, because of the public funding will be insufficient to get our economy back on track,” said Dombrovskis.
The website explains that the package is part of the overall strategy of the EC on the EU recovery after the crisis of coronavirus. It offers targeted changes in the rules of the capital market that will encourage greater flow of investment in the economy, allows you to quickly recapitalize company and increase the ability of banks to Finance the restoration.