Capital markets union: Difference between revisions
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==See also== | ==See also== | ||
*[[ | * [[Association for Financial Markets in Europe]] (AFME) | ||
*[[Banking Union]] | *[[Banking Union]] | ||
*[[Capital market]] | *[[Capital market]] | ||
Revision as of 17:57, 23 June 2022
(CMU).
The capital markets union is an initiative of the European Union designed "to achieve a true single market for capital in Europe."
If the initiative is successful, a capital markets union will be the result, widening access to a range of funding sources.
- Capital markets union depends on fiscal union
- "In 2012 the eurozone... embarked on an ambitious programme to harmonise capital markets and reduce dependency on banks.
- But both the banking and capital markets union depend on fiscal union - and that remains incomplete and contentious."
- The Treasurer magazine, Cash Management Edition April 2019 p22, Frances Coppola, economics and finance commentator and speaker.
