A study prepared by the European Central Bank said that in the first half of this year has increased the access of SMEs to bank financing. However, small and medium-sized Spanish companies still have the current problems in obtaining credit.
The measures imposed by the ECB, to strengthen financial systems in the euro area, as a liquidity facility or stress tests are known to produce good results. So, he followed a study by the institution that more than five thousand European SMEs.
At the end of the first half, has reduced the number of SMEs that reported having difficulty getting credit. 42% at the end of 2009 had fallen to 24% at the end of June.
Among small and medium-sized Spanish companies, the situation has improved, but remained in a more difficult situation than other companies in countries other EU. 14% of SMEs had received a negative response to your application for credit, although the previous year the number increased to 77% of the company.
The possibility of access to finance in the coming months for small and medium enterprises in Italy, Germany and France are quite positive, but Spain did not expect major changes in the coming months.
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