Report on the results of the Survey on the Access to Finance of Enterprises in the euro area – October 2016 to March 2017

Report on the results of the Survey on the Access to Finance of Enterprises in the euro area – October 2016 to March 2017

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• SMEs continued to signal improvements in the availability of external finance.
• For the first time general economic outlook is seen as conducive to the availability of external finance.
• SMEs signalled improved turnover and debt situations, along with stable profits and rising costs.
• Many SMEs continued to pursue deleveraging, either as a way to achieve better credit ratings or to rebuild balance sheet capacity for the future.
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