BETTER FINANCE fully agrees that “capital markets need to play a larger role in channeling financing to the economy” and that Europe needs to “boost the flow of institutional and retail investment into capital markets”.
However, as European policymakers start hammering out the details, Guillaume Prache, managing director of BETTER FINANCE, points to the fact that “for the Capital Markets Union to succeed, European citizens, as individual investors and savers, should be at the heart of the project”.
BETTER FINANCE supports the creation of a Capital Markets Union that will restore equities to their rightful place, whilst simultaneously help reduce the costs charged by intermediaries who stand between the investor and the companies operating in the real economy.
Please find our press release here.