European Central Bank chief Lagarde endorses plan to further integrate EU financial markets. €300 billion in savings fly to the US every year due to the absence of a Capital Market Union
European Central Bank chief Lagarde endorses plan to further integrate EU financial markets. €300 billion in savings fly to the US every year due to the absence of a Capital Market Union
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Another step toward a more integrated, federal Europe. Commission launches major package to fully integrate EU financial markets.
https://ec.europa.eu/commission/presscorner/detail/en/ip_25_2893
The ever-closer Union 🇪🇺 is a reality.
✅Single market
✅Single currency
✅Banking Union
❕Capital Market Union [coming]
❌Fiscal Union [tba]
❌Defense Union [tba]