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By Gilles WALERS, ABBL
Following the severe economic repercussions of the COVID-19 pandemic, the European industry rapidly called for measures to facilitate investments in the real economy, to allow for a swift recapitalisation of EU companies, and to enable issuers to tap into public markets at an early stage in the recovery process and increase banks’ capacity to finance the recovery.
As part of this work starting in March 2020, the ABBL and its members provided valuable input to the Luxembourg and EU authorities on which measures would be most helpful to boost economies and businesses, notably when it comes to increased equity needs after public financial aid, as well as the crucial role capital markets play in the recovery process.
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