13/05/2020 | BCE
This report presents the main results of the 22nd round of the Survey on the Access to Finance of Enterprises (SAFE), which was conducted between 2 March and 8 April 2020. Despite the difficulties in conducting the survey owing to the spread of the coronavirus (COVID-19) across Europe and the associated disruption in the business activity of many euro area companies, the euro area sample was collected successfully. The survey covered the period from October 2019 to March 2020. The total euro area sample size was 11,236 enterprises, of which 10,287 (92%) had fewer than 250 employees.1 The report provides evidence on changes in the financial situation of enterprises and documents trends in the need for and availability of external finance. It includes results on small and medium-sized enterprises (SMEs), as well as large firms, and examines developments both at the euro area level and in individual countries.