In its Resolution of 25 February 2016 on the European Central Bank Annual Report for 2014, the European Parliament (2) “Deplores the existing, albeit gradually decreasing, gaps between the financing rates granted to SMEs and those granted to bigger companies, between lending rates on small and large loans, and between credit conditions for SMEs located in different euro area countries, but recognises the limits of what monetary policy can achieve in this respect; notes, in this connection, the role of savings, cooperative and mutual banks, and stresses that the regulatory framework should accommodate their particular operating principles and respect their specific mission, and that the supervisory authorities should be aware of these aspects and take them into account in their practices and approaches;
To read the full text of the text adopted by the European Parliament (provisional edition) please download the pdf file below.