The aim of the capital markets union is to reduce fragmentation and create strong and deep European capital markets. Now more than ever, it is important to make progress towards the capital markets union in order to improve the financing options available to European businesses and mobilise investments in the transformation of our economy.

At their meetings, the EU’s finance ministers regularly discuss which aspects of the capital markets union should be prioritised in the next EU legislative cycle.

The German Ministry of Finance advocates an ambitious European agenda relating to the capital markets union and works together closely with France in this area. The joint roadmap outlines the two countries’ priorities to advance the capital markets union.

One important aim is to make capital markets more attractive to businesses, especially SMEs. The roadmap also addresses the need to improve the financing options available to start-ups and scale-ups and provide clear and transparent information for private investors.