The EU heads of state or government will take advantage of their meeting in Brussels on Thursday 27 and Friday 28 June to briefly address the issue of competitiveness. According to several European diplomats, the aim is to maintain a certain level of attention and even “pressure” on this issue, rather than to bring in new directions. “We also need the other institutions to take this priority into account”, explains one European official.
The work on Capital Markets Union (CMU) is particularly important in this discussion. Leaders are therefore expected to call on the EU Council and the European Commission to accelerate the identification and design of new measures for the practical implementation of the CMU.
“The European Council looks forward to swift and decisive progress on all strands by the end of the year and will remain seized of the matter”, read the European Council’s draft conclusions dated Tuesday 25 June, obtained by Agence Europe.
The EU27 are expected to reiterate the “urgency and importance” of integrating capital markets, following the discussions held last April (see EUROPE 13394/1).
To see the draft conclusions: https://aeur.eu/f/ctk (Original version in French by Bernard Denuit and Léa Marchal)