Germany and Spain sign corporate credit deal

Good news for small business in EU: Germany and Spain signed an agreement on Thursday to boost access to affordable credit for small and medium enterprises. “We want to ease financing for companies with solid business models and good growth prospects,”.

This should be good for SMEs although knowing the Spanish system the process for getting access to this new credit is probably going to be very difficult. They need to work on streamlining the process in addition to making more money available.

Germany and Spain sign corporate credit deal – The Local – m.thelocal.de.

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