Capital Markets Union: entering a new phase?

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Soon after the work of the Next CMU High-Level Group, the EU Commission set up its own High-Level Forum (HLF) to discuss the continuation of CMU. The HLF published its final report on June 10th. It is expected that the Covid-19 crisis will sharpen focus on the real economy (SMEs and households) and the role of market finance in general, as recovery and resilience strategies take centre stage. This CEPS-ECMI webinar discussed how the EU could come closer to creating one single market for savings, investments and raising capital for young and innovative firms. It also explored the measures and supervisory set-up that will enable cross-border financial activity to scale up.

Apostolos Thomadakis, Ph.D., is a Researcher at ECMI.