Agence France-PresseDecember 12, 2013 10:19
The European Central Bank must make sure that any new liquidity it pumps into the financial system really reaches businesses, ECB chief Mario Draghi said on Thursday.
Small and medium-sized enterprises (SMEs) in the euro area "are struggling," Draghi told a plenary session of the European Parliament in Strasbourg, broadcast live on the Internet.
"They don't have credit and don't ask for credit," he said.
In a bid to rev up still sluggish recovery in the euro area, the ECB has cut its interest rates to a new all-time low of 0.25 percent.