Banks’ Bail-Out and a Conditionality Clause on SMEs Support

Abstract

IRCCF Director, Professor Rym Ayadi, contributed to the second issue of the journal “European Economy” dedicated to banks, regulation and the real sector. Entitled “Who takes the risks for funding SMEs?” the issue was launched on October 27 during a Round Table at the Italian Senate. Professor Ayadi contributed to the questions and answers session and her article “Banks’ bail-out and a conditionality clause on SMEs support” discusses the alternative measures undertaken by EU member states to alleviate the funding constraints to SME lending by banks. More specifically, it investigates the role on Small Business Lending of a conditionality clause in granting State aid.

Keywords: bank, risk, bail-out, SME, lending, state aid, cooperative