Moreover, European companies receive an excessive 80% of their finance from banks and less than 20% from capital markets (the proportions are roughly reversed in the US). The need to redress that imbalance has become increasingly evident since the recent financial crisis, as banks' efforts to rebuild their capital bases (and meet stricter regulatory requirements) has led to credit rationing.
此外，欧洲公司融资有80%多来自银行，只有不到20%来自资本市场（美国的比例与此相反）。最近的金融危机爆发以来，修正这一失衡的必要性日益凸显，银行重建资本基础（以及满足更严格的监管要求）导致了信用配给现象。放松这一产出增长约束能够改善欧洲经济的恢复力、鼓励风险承担、增加活力。