The financial position of SMEs in 2009: a financial structure that has proven resilient to the crisis
In 2009, the crisis affected SME’s profitability more than their financial structure. Major differences remain between SMEs, with increasing numbers of failures in this category. The decline in investment, which was already weak before the crisis, is compromising their ability to recover in the medium term.
Volume (Year): (2010)
Issue (Month): 19 (Autumn)
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- Cayssials, J. L. & Kremp, E., 2010. "SMEs in the manufacturing sector in France an intermediate position compared with eight other European countries," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 18, pages 27-44, Summer.