About: Capital Markets Union
EU claims stronger role for its currency despite flawed monetary union
The European Commission presented on Wednesday (5 December) a strategy to strengthen the international role of the euro days after member states continued to drag their feet to complete the economic and monetary union.
Italy’s ‘unprecedented’ breach of fiscal rules clouds euro summit
Euro-area leaders agreed on Thursday (18 October) to accelerate the work to bolster the monetary union as the European Commission questioned half a dozen member states’ efforts to balance their public accounts, particularly Italy.
Draghi warns on protectionism as a risk for the Eurozone
The Eurozone should prepare for US and China protectionist measures if they materialise, president of the European Central Bank Mario Draghi said on Monday (24 September) at the European Parliament.
Time to measure progress to complete Capital Markets Union
Almost three years on from its launch, the Capital Markets Union needs renewed momentum to see it reach fruition and deliver on the promise of deep and well-integrated EU capital markets. Simon Lewis outlines why now is the moment to assess its progress so far.
A specific Brexit finance deal benefits the EU
By not embracing the UK financial sector in a future trade deal, the EU might chase global capital markets away from Europe. The idea that Europe will win by keeping London at arm’s length is naïve at best, writes Georges Ugeux.
Commission to introduce rules to clarify ‘green’ investment in May
Following the action plan on sustainable finance to be published early next month, the European Commission will present legislation in May to define what represents 'green' investment, EURACTIV has learned.
Sustainable finance requires a change in incentives
Hurricane Harvey’s trail of carnage through Houston, the oil capital of the US, was a stark reminder of the effect that climate change can have on our economy, writes Peter Blom.
The Capital Markets Union can deliver Europe a sustainable future
The European Commission’s mid-term review of the Capital Markets Union Action Plan shows it is serious about sustainable finance, but more remains to be done, write Christian Thimann and Steve Waygood.
Winds of change: EU embarks on sustainable finance mission
Disturbing developments on the international political scene have only increased the resolve of the European Union to lead in taking action against the impact of climate change. Flavia Micilotta explains why financing is a key component.
Dombrovskis: ‘There is appetite for a pan-European pensions product’
The European Commission will propose a new pan-European personal pension today (29 June). In an interview with journalists, Commission Vice-President Valdis Dombrovskis argues that the new scheme would help save more money in an ageing society.
Commission must double efforts towards a sustainable financial system
The European Commission is taking steps towards a more sustainable financial system in Europe, but must double its efforts to create a truly resilient system that Europe needs, writes Anne van Schaik.
Commission must double efforts towards a sustainable financial system
Robust and binding criteria are needed to build sustainable capital markets or we risk that both national legislators and financial investors simply ignore their investment’s impact, or revert to greenwashing, writes Anne van Schaik.
Green finance reaches EU policy ‘tipping point’
The mid-term review of the EU’s Capital Markets Union initiative, due on Wednesday (7 June), will mark another step towards the mainstreaming of green finance in Europe, a senior EU official told EURACTIV.
EU reaches deal to revitalise securitisation market
MEPs reached an agreement with national governments and the European Commission on Tuesday (30 May) to revive the continent’s securitisation market, paving the way towards the creation of a Capital Markets Union
The CMU midterm review: How not to miss an opportunity
More often than not, the European Union is accused of overpromising and under delivering. That´s hardly the case in the Commission’s modest and pragmatic approach to the Capital Market Union (CMU). But as the midterm review of the financial flagship initiative nears, pragmatism is no excuse to miss an opportunity, writes Paul Tang.
Commission eases rules for controversial derivatives sector
The European Commission today (4 April) presented various initiatives intended to temper regulation and cash requirements firms need to satisfy in order to trade sophisticated financial products, aimed at boosting the European economy.
US businesses push EU single market in face of populist headwinds
Lawmakers must move forward with EU single market integration now more than ever, the vice-president of the American Chamber of Commerce to the European Union told EURACTIV.
Do the member states even want a Capital Markets Union?
A year ago, Jonathan Hill launched the European Commission’s Action Plan for a Capital Markets Union. Progress has been limited, and responsibility rests with the member states. Michael Collins asks if their appetite is strong enough for the reforms needed.
Commission champions ‘laissez-faire’ in first response to FinTech revolution
The digital revolution in the financial sector will get a helping hand from EU regulators later this year when the European Commission tables new proposals for retail financing, with a clear objective: let the revolution flourish.
Why new venture capital regulation is essential to Europe’s start-ups and SMEs
The European Commission’s proposal to review the EuVECA regulation are a welcome step forward, but if changes are not implemented, European venture capital will likely stay local and stay small, writes Michael Collins.
Paris pulls out all the stops in effort to poach London’s financial sector
The French government is bending over backwards with promises of tax cuts, in order to present Paris and the eurozone as a safe haven from the uncertainty of Brexit, and the risk of economic depression in the United Kingdom. EURACTIV France reports.
Homeowners offered cheaper mortgages in return for energy efficiency renovations
EXCLUSIVE / Homeowners will qualify for reduced repayment rates on their mortgages if they undertake energy efficiency renovations, and lower interest rates on loans to pay for them, under “pioneering” plans being drawn up by lenders for consideration by EU and global regulators.
EU policymakers face major test of ambition to enable sustainable investment
International cooperation at the end of 2015, illustrated by the COP21 agreement and the adoption of the SDGs, was the first major milestone. But now effective implementation has to be the priority and the EU’s pensions and investment sector will have a crucial role to play, writes Camilla de Ste Croix.