Part I: Credit Market Environment and SME Finance in Europe.- Chapter 1: Non-Bank Financing for Euro Area Companies During the Crisis; Annalisa Ferrando and Emmanouil Mavrakis.- Chapter 2: Neither a Borrower nor a Lender Be! Loan Application and Credit Decision for Young European Firms; Andrea Moro, Daniela Maresch, Annalisa Ferrando and Julia Barbar.- Chapter 3: Legal-institutional Environment, Social Capital, and the Cost of Bank Financing for SMEs: Evidence from the Euro Area; Emma Galli, Danilo V. Mascia and Stefania P.S. Rossi.- Chapter 4: Credit Access for Small Firms in the Euro Area: Does Gender Matter?; Maria Lucia Stefani and Valerio Vacca.- Chapter 5: The Small Firm Financing Premium in Europe: Where and When do Small Firms Pay Most?; Sarah Holton and Fergal McCann.- Chapter 6: Sovereign and Bank CDS Spreads During the European Debt Crisis: Laying the Foundation for SMEs' Financial Distress; Danilo V. Mascia, Paolo Mattana, Stefania P.S. Rossi and Roberto D'Aietti.