Don't ask Victor Duran Naranjo about the European recovery thatinvestors are betting on.
His eight-employee software company, based in Spain's CanaryIslands, still can't get a bank loan even after its revenue rose 10percent last year.
“In theory banks are more open, but in practice it's not easierto get funding now than in 2009,” he said in a Jan. 21 telephoneinterview.
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