06 SEP 2010
Fast-growing small firms will gain access to fresh sources of money by 2012 via a network of specialist stock exchanges under new European Commission proposals due next month.
EU Internal Market Commissioner Michel Barnier is set to adopt a French-inspired blueprint for helping SMEs to tap into stock markets as part of the European Single Market Act, due to be published in October.
Documents seen by EurActiv France show Barnier wants to reduce the level of red tape required for small firms keen to list on stock exchanges and to raise the visibility of SMEs in the investment community.
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