Completing the European capital markets union (CMU) has become particularly urgent in order to speed up the bloc's recovery from the coronavirus pandemic, the European Commission’s High Level-Forum has said, as it released its final report on the issue.
The report, released today (10 June), proposed 17 interconnected measures the European Union (EU) needed to urgently implement to remove the biggest barriers in capital markets. It said a fully-fledged CMU would help rebuild the EU's economy, by "providing new funding sources for businesses and investment opportunities for Europeans". It added it would be vital for mobilising much-needed long-term investments in new technologies and infrastructure, to tackle climate change and to deliver Europe's "New Green Deal and Digital Agenda". European Commission plans to remove barriers to c...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
