The European Commission, from the
beginning of its mandate in October 2014, has made it clear that the
priorities are to strengthen the European economy and stimulate
investment in order to create jobs. In this context, Jean-Claude
Juncker, supported by the Council and the European Parliament, launched
the European Fund for Strategic Investment (EFSI).
In line with the objectives of the new European Commission
and the proposals of the President of the European Commission, it is
the responsibility of Commissioner Hill to lead the creation of a
Capital Markets Union (CMU) for the 28 Member States, the roadmap was
published in late September.
It should be recalled that the free
movement of capital is one of the fundamental pillars on which the
European Union was created. But, despite the progress made over the last
50 years, European capital markets continue to be relatively
underdeveloped and fragmented.
