MFA statement on the European Commission’s banking package

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MFA statement on the European Commission’s banking package

mfaalts

3 weeks ago

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Brussels, Belgium — MFA issued the following statement in response to the European Commission’s banking package published today:

“The EU will need both bank and market-based sources of business finance to meet its competitiveness goals. Private credit complements bank lending by providing long-term, flexible finance that helps businesses grow, investors to diversify their portfolios, and strengthen the resilience of the EU financial system. The EU must embrace market-based finance to build a s...

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