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Future belongs to renewable energy
The small and medium-sized enterprises (SMEs) would generate a 1.5-2 percent increase of the GDP, if they were bolder in the current economic context and took more chances, president of the National Credit Guarantee Fund for SMEs (FNGCIMM) Aurel Saramet told the International Annual Conference of the European Mutual Guarantee Association (AECM) on Friday.
'I believe all the members of the European Mutual Guarantee Association have the instruments necessary for funding at their disposal, only a better knowledge is needed. Even amid the current difficult economic conditions, there are solutions to boost the dynamics of funding for the SMEs. In fact, we can speak about a major growth reserve for the small and medium-sized enterprises. Obviously the state too must support more vigorously the capitalization of the institutions that take over, through guarantee and counter-guarantee, the risks that the banking institutions are exposed to, risks the banks generally do not want to take,' Aurel Saramet said.
At the same time, FNGCIMM chief said that in the last period the guarantee schemes have proved not only their utility, but also the social effects to guarantee jobs, a problem not only Europe is grappling with, but the whole world.