May 5, 2020 | Documents

The Covid crisis has created new liquidity needs for companies due to a partial slowdown or a total shutdown of their activities. The Confederation has provided a solution to this problem by granting bridging loans. This text proposes a new way forward which would offer a real alternative to small and medium-sized enterprises for which the burden of debt repayment would be insurmountable.

Jean-Pierre Danthine, EPFL

Erwan Morellec, EPFL