The 2007-2009 financial crisis has had a worldwide impact on banks and financial systems. It has also brought about major changes in Europe’s financial regulatory framework that could lead to
financing problems for SMEs. The book collects some original contributions on these issues, dealing with the alternative proposals to separate banking activities, the ways out from the
banking regulatory bubble, analysis of monetary policy in the Euro Area, the effects of the financial crisis on the European banks, the road map towards the European Banking Union and the
risk it entails, the new financing conditions of Small and Medium-Sized Enterprises in Europe, the credit crunch and long-term finance for economic growth, and, finally, the new kinds of
financial instruments available to SMEs today.
