The crisis- and Brexit-laden context have given the project new arguments to be on the European agenda.
This is the second try for the Capital Markets Union (CMU). Europe had launched this project five years ago with the idea of supporting the financing of the economy via the capital markets.
There is now some scepticism surrounding the restarting of the CMU. And yet, European decision-makers are pushing ahead at a fast pace since the current Brexit context, which is depriving the European Union of its main financial centre, is promoting this political leap.
Read the original article on Asset News (Author: Frédérique Garrouste)