Capital is next in the European Commission’s hit list of harmonization and integration targets. Due to be completed by 2019, the Capital Markets Union (CMU) would break down national barriers to the free flow of capital and make it easier for pension funds and insurance companies to invest in companies, thus boosting growth and job creation. These new financing options would also break Europe’s addiction to bank lending, especially for small and medium-sized enterprises.
Join POLITICO’s Capital Markets Union breakfast to hear from Jonathan Hill, the European Commissioner for Financial Stability, Financial Services and Capital Markets Union, on how he plans to achieve the CMU over the next four years.