Capital markets union in Europe: Initial impressions

Capital markets union in Europe: Initial impressions

Report

Capital markets union in Europe: Initial impressions

This report provides a critical analysis of the European Union's ambitious "Capital Markets Union" (CMU) initiative, launched to complement the existing Banking Union. The primary goal of the CMU is to diversify Europe’s financial system away from its heavy reliance on banks and toward a more integrated, US-style market-centric model.

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