With its term of office coming to an end, the European Commission is now in the process of reviewing the situation. On Friday 15 March, it issued a communication setting out the progress made in completing the Capital Markets Union (CMU).
“Significant progress has been made”, said European Commissioner for Financial Services Valdis Dombrovskis at a press conference.
This positive finding contrasts with the last progress report of November 2018 (see EUROPE B12148A14), in which the...