| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/17/1529 (08.06.17) |
| Publication Date | 08/06/2017 |
| Content Type | News |
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Background: The CMU is seen as a key pillar of the European Commission's Investment Plan for Europe, the so-called Juncker Plan. It aims to strengthen the EU's financial system by providing alternative sources of financing and more opportunities for consumers and institutional investors. The Action Plan to implement the CMU was put forward in September 2015, setting out a programme of initiatives which aim to establish the building blocks of an integrated capital market in the European Union by 2019. In January 2017, the European Commission launched a consultation on its Mid-Term Review. This exercise reports on the progress made concerning the implementation of the strategy, with around two-thirds of the 33 actions delivered in twenty months. It also sets a timeline for new action. Alongside the CMU Mid-Term Review, the Commission also unveiled measures to encourage long-term investiment through a review of prudential calibration for investments in infrastructure corporates. The European Commission put forward on 8 June 2017 its Mid-Term Review of the Capital Markets Union (CMU). It reports on the progress made in the implementation of the Action Plan released in 2015 and sets a timeline for new actions to be published going forward. |
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| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-17-1529_en.htm |
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| Subject Categories | Business and Industry, Internal Markets |
| Countries / Regions | Europe |
