Central Banking

ECB looks for ‘quick wins’ to put momentum behind CMU

European Union flags

Any attempt to establish a capital markets union (CMU) in Europe must be able to deliver initial benefits quickly if it is to gather the momentum needed for its more ambitious goals, Eurosystem central banks said today (May 21).

In a response to the European Commission's green paper on CMU, published by the European Central Bank (ECB), they emphasised the need for "quick wins".

The report had plenty of suggestions for areas that could deliver results quickly. Top of the list are initiatives desi

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