Bank capital rules squeeze lending, lobby warns

EurActiv reports that BusinessEurope, the lobby group which represents business, wrote to the European Commission in the summer of 2011 demanding an EU passport for venture capital funds and other small investors seeking to raise capital across borders as they argued that new rules for higher amounts of capital on banks' books would squeeze lending to start-ups.

• Primary Source

ESO: Background information: Brussels unveils tough bank capital rules http://www.europeansources.info/record/fight-expected-over-eu-bank-capital-rules-brussels-unveils-tough-bank-capital-rules/

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