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European banks, in pivotal financing role, set to help build new ecosystem
With its Action Plan for a Capital Markets Union (CMU) the European Commission is on the track towards growth in the European economy, the European Banking Federation said today. Europe’s banking sector, with its pivotal financing role, fully supports CMU and is keen to help build a new ecosystem for growth in Europe by cooperating with all stakeholders.
EBF is pleased to hear that the Commission appreciates the important role that banks play in financing the economy and is seeking a complementary approach. Risk-averse banking regulation introduced during recent years has made it more difficult for banks to lend to European companies, in particular to...
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