Watchdogs and carnivores: von der Leyen’s capital markets plan faces multiple hurdles
Ursula von der Leyen has pledged to build up the EU’s financial markets as she campaigns for a second term at the European Commission – but, after a decade of work, there’s still little consensus on how to do so. Voters approaching the ballot box in June are likely to be more concerned about immigration, inflation and war than how to boost equity and bond markets. But some argue a stronger capital market is the key to building up Europe’s competitiveness and autonomy, helping fund the green transition. “Everybody has understood this is one of the main obstacles we have in the EU: access to cap...