Special commercial embassies in Brazil and other fast-growing economies, easier terms for banking credit, and new investment funds designed to assist innovative businesses are likely to be touted in a European Commission action plan due later this year.
Drafts of the plan for SMEs' access to finance will be circulated next month with a view to final publication in December, EurActiv has learned.
The plan is a joint initiative of Michel Barnier and Antonio Tajani, commissioners for the internal market and enterprise respectively.
The main thrust of the action plan will involve the introduction of a long-touted initiative to facilitate venture capital for SMEs across Europe.
To read the full, original article click on this link: SMEs' European future: Foreign embassies and easy cash? | EurActiv
