Bloomberg: EU financial chief suggests “coalition of the willing” for stalled CMU

  • EU’s decade-old capital markets plan has stalled on key fronts
  • Albuquerque says groups of countries could advance projects

The EU could consider moving forward with a “coalition of the willing” and not wait for all 27 members to agree on a capital markets union as it tries to break a deadlock in its decade-old plan and finance a nearly trillion-euro investment gap, the bloc’s financial services chief said.

In her first interview as commissioner for financial services, Maria Luis Albuquerque said it’s preferable to have all member states join the initiative, but she is open to alternatives on issues where agreement is elusive.

Read the full article

Related Posts

Previous Post
“Too early in the year to be pessimistic” on secfinance trends
Next Post
GrantThornton: US tax rules to change QDPs on seclending transactions to foreign related parties should be on radar

Fill out this field
Fill out this field
Please enter a valid email address.

X

Reset password

Create an account