CREDITING AND FINANCING OF SMALL AND MEDIUM ENTERPRISES IN EUROPEAN COUNTRIES
Ubject / Topic The article is devoted to the analysis of financing tools for small and medium enterprises in Eurozone countries. Goals / Objectives The aim of the work is to study the reasons that determine the choice of instruments for financing investment and innovation projects by small and medium enterprises, as well as factors affecting the behavior of small and medium enterprises in interaction with potential investors. The objectives of the work are to analyze the demand for various sources of financing for small and medium-sized enterprises on the basis of data from surveys conducted by the European Central Bank, as well as to determine the factors affecting the choice of financing instruments by enterprises. In addition, the work provides data on the frequency of application of financing tools for small and medium enterprises in individual countries of the Eurozone. Methodology The study of statistical data is carried out, the analytical tools are used together with the theoretical analysis and generalization. Conclusions and Relevance Based on the analysis, the author determines the main financing tools for small and medium enterprises in Eurozone countries and the factors that influence the choice of sources and financing tools by small and medium enterprises. Also, the author points out the need for state financial support for small and medium-sized businesses to ensure the innovative development of the economy.