Stronger CMU proposed to tackle coronavirus crisis

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By Jasper Cox
10 Jun 2020

A group of market participants and experts selected by the European Commission produced a series of proposals for the Capital Markets Union in a report published on Wednesday, as the coronavirus crisis gave new impetus to the project.

“The European banking system, although better capitalised and more resilient, is not sufficient by itself to provide the amount of credit the EU economy will need to recover from the crisis,” said Thomas Wieser, chair of the High Level Forum on the Capital Markets Union, in the report’s ...

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