Tapping pension funds and encouraging online crowd funding are at the heart of plans unveiled by the European Commission to kickstart business investment.
Speaking on Thursday (27 March), financial services commissioner Michel Barnier said the Commission's blueprint on 'long-term financing' published the same day was needed to further encourage alternatives to traditional bank lending which remains stagnant more than five years since the start of the financial crisis.
"Our finan...
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Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.