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By François MASQUELIER, CEO of Simply Treasury
It appears that the CMU, i.e. Capital Market Union, which was one of the main objectives of the Vander Leyen Commission, is back in the limelight, or is likely to become a priority for the next Commission next summer. It was an important, vital, and courageous objective. However, we can't say that we've made any real progress during this five-year term. This is regrettable, even if we are aware of some of the "good reasons" that those in charge might cite to justify the delay. The crucial question, of course, is whether we can use regulation to develop this capital market and reduce dependence on bank loans.
“Baby come back!” (The equals).
We would all admit...
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