Europe: Commitment problems

Author: | Published: 10 Jul 2013
What exactly is the EC’s LTIF programme aiming for?

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...