The European Commission is attempting to breathe new life into the Capital Markets Union (CMU) declaring it to be more urgently needed than ever to revive the continent’s Covid-19-battered economies and to transition towards green and digital industries.
“Savers and investors will play a vital role in getting the economy moving again and they need to have the confidence to invest through capital markets,” declared commission executive vice-president, Valdis Dombrovskis. “And companies need to be able to access diversified sources of market-based financing anywhere in the EU.”
