The European Association of Long-Term Investors has shared with us information about the various crisis response measures implemented or under preparation at national and regional level. They have prepared this overview in close cooperation with the European Association of Guarantee Institutions AECM and the Network of European Financial Institutions NEFI.
The overview shows that
- guarantee instruments are used in the majority of cases,
- the various and quite different measures are customised to the needs in the respective country,
- the members of the associations involved are quite quick with their reaction. The first approvals were given last week already, disbursements to the economy were executed at the beginning of this week.