S4 Ep18: Director’s Cut: EU policy priorities towards Capital Markets Union

The deepening and enlargement of Europe’s capital markets has
long been a policy target for the EU – indeed, it is a flagship
priority of the current Commission. Many legislative proposals
have been forwarded, and there is widespread agreement on the
necessity of the Capital Markets Union (CMU) project, but few
tangible measures have been formally adopted.


Joining Bruegel director Guntram Wolff for this week’s Director’s
Cut of ‘The Sound of Economics’ is Valdis Dombrovskis,
vice-president of the European Commission, overseeing the
department of Financial Stability, Financial Services and Capital
Markets Union.


The Bruegel director met Vice-President Dombrovskis at the
informal meeting of the EU’s Ecofin Council in Sofia, where the
former presented a research paper (co-written by André Sapir and
Nicolas Véron) advocating significant steps forward in the CMU
project.


The vice-president here expounds on the Commission’s own planned
measures to have significant initial elements in place before the
end of the current term in 2019.