The tightening of the market capitalisation requirement for listed companies has been included in a royal decree law governing urgent measures to support business solvency, which the Council of Ministers approved on Tuesday.
At a press conference after the cabinet meeting, the Minister for the Economy, Nadia Calviño, explained that the objective of this measure is “to facilitate companies’ access to alternative sources of financing besides those offered by banks”. Companies with smaller market capitalisations are listed on the BME, including many real estate companies that operate under the Socimi regime.
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