Weakness in capital markets translates into lower rates of economic growth, which is bad for the EU and for our place in the world, Mairéad McGuinness said. Photograph: Ronald Wittek / EPA
The correspondence said current capital markets in the EU were too small and too “fragmented” to deliver enough financing to boost investment. A proposal for a single market for capital in the EU has for years failed to get off the ground, in part due to some countries’ concerns they would lose out as a result of the reforms.
The Fine Gael politician said there had been “unambiguous support” to change the current system, but this needed to be followed by concrete actions.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر: