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Τρίτη, 10 Νοεμβρίου 2015

Council Conclusions on the Commission Action Plan on building a Capital Markets Union

The Council adopted conclusions on the Commission’s action plan for the development of a capital markets union. 
The plan, published on 30 September 2015, is aimed at establishing a fully functioning EU capital markets union by the end of 2019. 
It sets out a variety of measures to strengthen capital markets so as to attract more investment, including foreign investment, for European companies and infrastructure projects. One of the main aims is to improve access to finance for European SMEs and start-ups, especially in innovative industries. 

The Council welcomed the Commission’s first package of specific proposals and initiatives, and emphasised the need for an ambitious agenda also for the longer term.

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