Completing Capital Markets Union key to long-term EU investment

“Capital markets are fragmented and regulated differently across the EU. This is a problem as it hinders cross-border capital flows. We must urgently implement many of the excellent proposals in the Commission’s Capital Markets Union action plan if we are to put the EU economy firmly on the path of an investment-led, sustainable growth.” This was the message delivered by BusinessEurope Director General Markus J. Beyrer at the Tatra summit in Bratislava. Speaking at a panel on ‘Boosting Investment in Europe: Building Capital Markets Union’, Beyrer reminded participants that Europe also needs to remove other barriers to investment, including completing the single market, improving regulation and reducing the cost of doing business, if it is to raise investment levels. http://www.tatrasummit.org
(Photo © Tatra Summit 2015)