As the global economy is heavily impacted by the coronavirus epidemic, the European Commissioner for the Internal Market said on Europe 1 on Monday that he hoped that the European Central Bank would act quickly to help SMEs , in dire need of liquidity due to the crisis.

INTERVIEW

With the spread of the coronavirus, the entire world economy is suffering from a rise in fever. Monday morning, the Sydney Stock Exchange unscrewed at the opening of more than 7%, in the wake of oil prices, the collapse is dizzying. The situation is no more flourishing in Europe, where Italy and Germany are now threatened with recession. On the front line are the SMEs, which are sorely lacking in liquidity. Thierry Breton is now waiting for the European Central Bank to take up the problem. "I have no doubt that it will act quickly. There is an urgent need, some say," recognized the European Commissioner on Europe 1 Monday. "The priority is that economic players can have sufficient cash to make them available SMEs ". For this, the ECB must act quickly. "I hope this week," urged Thierry Breton.

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