Draghi faces hostile Strasbourg reception but questions track record of SME lending schemes


The president of the European Central Bank, Mario Draghi, plans to "keep working on the problem" of how to ensure European small businesses have access to credit – but believes the example provided by schemes undertaken in member states is "not encouraging".

Draghi was answering questions related to the European Parliament's latest report into the ECB's performance. In response to numerous calls from parliamentarians to take action to ensure the ECB's ‘accommodative stance' is transmitted to the

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