At the same time, however, the resulting negative income effect will reduce the demand for imports and other goods and services, which, in turn, will exert downward pressure on the prices of imports and other goods and services. For example, if gasoline prices rise, you may try to drive less or reduce your purchases of other products.
Further, between 2011 and 2014, the EIB provided an additional € million in credit lines for SMEs through the Irish retail banks and the SBCI. ISIF have also been a major player in the SME financing environment and have, to date, invested € million in a number of debt and equity SME funds. Such policies should help alleviate financing bottlenecks in the SME market.