How does the Commission propose to ensure that banks re-open credit lines for businesses?
It is very important that banks resume their normal role of providing liquidity and supporting investment in the real economy. Member States should use the major financial support provided to the banking sector to encourage a return to normal lending activities and to ensure that central interest rate cuts are passed on to borrowers. This is primarily a matter for Member States. However, the Commission will take it into account when reviewing state aids to banks. More generally, the Plan will help to create a climate of confidence which will encourage banks to return to normal lending activities.
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