Experts pointed out the obstacles to the capital markets union in the European Union(see EUROPE B12928A29), at a conference organised on Wednesday 1 June by the European Commission’s Financial Services Department (DG FISMA).
Neil Rimer, General Partner and co-founder of Index Ventures, spoke about the fragmentation and small size of the market in Europe. “I would say that the capital markets, even if they remain fragmented in Europe, are still relatively small compared to other market...