–  In St. Louis, participants described the challenge of “orphaned” loans, when a bank that acquires a failed financial institution chooses not to continue the relationship with the borrower, making future extensions of credit unlikely. Regulatory environment – Some banks cited examination-related concerns as an important factor in credit availability for small businesses.
Undertaking the necessary reforms is not only indispensible to overcome the sovereign debt crisis, it would also help to benefit from globalisation and the “big shift”. To sum up: the necessary measures are obvious and uncontested. The only thing that we are short of seems to be their implementation.