3: Business Financing
Enhance access to financing for business. Other Information:
– The EIB has put together a package of € 30 bn for loans to SME's, an increase by € 10 billion over its usual lending in
this sector; – The EIB will also reinforce by € 1 bn a year its lending to mid-sized corporations, a key sector of the EU
economy. Furthermore, an additional € 1 billion will be conferred by the EIB to the EIF for a mezzanine finance facility;
– The Commission will put in place a simplification package, notably to speed up its State aid decision-making. Any state
aid should be channelled through horizontal schemes designed to promote the Lisbon objectives, notably research, innovation,
training, environmental protection and in particular clean technologies, transport and energy efficiency. The Commission will
temporarily authorise Member States to ease access to finance for companies through subsidised guarantees and loan subsidies
for investments in products going beyond EU environmental standards.
Indicator(s):
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