These Regulations provide protections for micro, small and medium-sized enterprises when they are either applying for or already have credit facilities and also for guarantors of SME credit.
For reasons like these, I am convinced that our euro area inflation target of below, but close to, 2% remains appropriate. 4 Current monetary policy challenges Reaching this target has proven challenging for some time now, as I pointed out at the beginning of my speech. But I am convinced that we are finally getting there.