SMEs to See Acute Liquidity Problems, Says ABN Amro's Phlippen

The video discusses the impact of the COVID-19 lockdown on European economies, focusing on SMEs. It highlights the potential extension of lockdowns in Germany and the Netherlands and their economic implications. Research on Dutch SMEs shows resilience despite cash flow challenges. Future scenarios suggest increased fiscal support or bank loans may be necessary to sustain SMEs across Europe.

What is the primary concern regarding SMEs during the lockdown in Europe?

• Their environmental impact

• Their expansion into new markets

• Their financial stability

• Their ability to innovate

What percentage of the Dutch market is represented by the SMEs studied in the new research?

• 30%

• 20%

• 40%

• 10%

What did the research find about the financial state of SMEs during the first lockdown?

• They increased their cash reserves significantly

• They expanded their operations

• They remained financially resilient

• They experienced a complete financial collapse

What percentage of firms are expected to face cash flow challenges in the next three months?

• 35%

• 27%

• 15%

• 50%

What is one proposed solution for SMEs facing financial difficulties?

• Reducing employee wages

• Increasing product prices

• Expanding into international markets

• Applying for bank loans