|What exactly is
the EC’s LTIF programme aiming
As this month's cover story examines, Europe's funding
landscape is undergoing a dramatic transformation.
With Basel III forcing banks to shrink and deleverage their
balance sheets, traditional funding routes are becoming
blocked. It's led to a focused hunt for new ways to help
accelerate the flow of funds to where they're needed most, to
spur Europe's return to growth.
Corporate bonds, securitisation, small and medium-sized
enterprise (SME) covered bonds, and specialist credit funds are
among the options being explored.
As part of this...