Brussels, 31/03/2014 (Agence Europe) - Several financial and business lobby groups are delighted that the European Commission wants to promote long-term financing of the real economy through a wide-reaching action plan published on Thursday 27 March (see EUROPE 11048).
The announced return to conditional securitisation does not seem to be a matter of concern to the industry, despite the damage it caused during the financial crisis.
“Long-term financing is rightly referred to as 'patient...