Spanish government attempts to boost alternative funding for SMEs
The Spanish government has announced its intention to facilitate investment in SMEs at a press conference after the Council of Ministers meeting, say reports in the local press.
Speaking on behalf of the Spanish government, the deputy prime minister, María Soraya Sáenz de Santamaría Antón, explained that the government intends to introduce measures that will allow insurance companies and pension funds easier access to private equity investments.
A fund-of-funds will also be unveiled soon, which will invest in vehicles that aim to boost internationalisation and national competitiveness.
The decree will also introduce changes to facilitate stock market listings, in an attempt to ease credit lines to Spanish SMEs.
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