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Keep capital markets union simple

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  • Lannoo, Karel
  • Pollack, Alan
  • Stæhr, Ole

Abstract

The announcement of the creation of a capital markets union has led to a flurry of possible harmonisation proposals that could lead to new Action Plans that could preoccupy legislators for years to come. As underlined by Karel Lannoo and his colleagues in this new ECMI Commentary, however, a first step in any new legislative plan should be to set a clear objective, based on a thorough analysis of the reasons for the persistent differences in markets and a prioritisation of initiatives aimed at reaching more integration. Amongst these, they single out an initiative for an EU-wide, long-term savings product as warranting priority attention.

Suggested Citation

  • Lannoo, Karel & Pollack, Alan & Stæhr, Ole, 2015. "Keep capital markets union simple," CEPS Papers 10803, Centre for European Policy Studies.
    • Handle: RePEc:eps:cepswp:10803
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    File URL: https://www.ceps.eu/system/files/No%2038%20KL%20Keep%20CMU%20simple.pdf
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    Cited by:

    1. Dragos Mihai UNGUREANU, 2017. "Pan-European Personal Pension Product, a New Path Forward," International Conference on Economic Sciences and Business Administration, Spiru Haret University, vol. 4(1), pages 355-364, November.

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