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On January 28, 2015, the European Commission stated in a press release that it had launched plans to establish a Capital Markets Union ("CMU") by holding an orientation debate at the College of Commissioners.
On January 28, 2015, the European Commission stated in a press
release that it had launched plans to establish a Capital Markets
Union ("CMU") by holding an orientation debate at the
College of Commissioners. The establishment of the single market
for all 28 EU member states will aim to lower the costs of funding
within the EU, remove barriers to cross-border investment and
increase sources of funding for businesses. In a separate press
release dated January 30, 2015, the European Commission stated that
a consultation on the CMU will be launched on February 18, 2015,
and that a plan of action will be released during the third quarter
of 2015.
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