European Commission President Ursula von der Leyen announced a renewed drive to establish a unified capital market across the EU, aiming to unlock private investment for defence, digitalisation, and climate initiatives, with significant progress expected before summer.
The European Union will launch a renewed push to advance its long-delayed Capital Markets Union, aiming to mobilize private investment for defence, digital, and green priorities, European Commission President Ursula von der Leyen said.
Speaking alongside newly appointed German Chancellor Friedrich Merz at a joint press conference, von der Leyen emphasized the urgency of progress: “We need a deep and liquid functioning capital market for the entire European Union. We agreed that now is the time to push this agenda forward, and we expect to see real momentum before summer.”
Efforts to create a Capital Markets Union have stalled for over a decade, hindered by divergent national interests, regulatory disparities, and varied financial cultures across EU member states. However, the geopolitical landscape and the need for major long-term investments have reignited calls for reform.
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The United Arab Emirates warned Israel on Wednesday that any annexation of the West Bank would be a red line for Abu Dhabi, threatening to undermine the Abraham Accords that normalised ties between the two states.
Afghanistan’s Ministry of Economy has urged United Nations agencies and humanitarian organisations to speed up the delivery of aid to survivors of the recent earthquakes that struck several eastern provinces.
Russia launched a large-scale overnight air attack on Ukraine on September 3, injuring at least four railway workers and damaging key infrastructure, Ukrainian authorities say.
North Korean leader Kim Jong Un shook hands with Woo Won-shik, the speaker of South Korea’s National Assembly, before the start of a military parade in Beijing on Wednesday, a rare interaction amids strained inter-Korean relations.
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The United Arab Emirates warned Israel on Wednesday that any annexation of the West Bank would be a red line for Abu Dhabi, threatening to undermine the Abraham Accords that normalised ties between the two states.
Afghanistan’s Ministry of Economy has urged United Nations agencies and humanitarian organisations to speed up the delivery of aid to survivors of the recent earthquakes that struck several eastern provinces.
Russia launched a large-scale overnight air attack on Ukraine on September 3, injuring at least four railway workers and damaging key infrastructure, Ukrainian authorities say.
North Korean leader Kim Jong Un shook hands with Woo Won-shik, the speaker of South Korea’s National Assembly, before the start of a military parade in Beijing on Wednesday, a rare interaction amids strained inter-Korean relations.
Afghanistan airdropped commandos on Wednesday to pull survivors from the rubble of homes in mountainous eastern areas ravaged by earthquakes this week that have killed more than 1,400, as it ramped up efforts to deliver food, shelter and medical supplies.
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