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What’s Next for Europe’s Capital Markets?

 Faull Jonathan, Gleeson Simon, (2019), “What’s Next for Europe’s Capital Markets?“, Project Syndicate, Ιούλιος

When the United Kingdom eventually leaves the European Union – assuming it does – it will take Europe’s biggest capital market with it. The loss of the City of London could drive the EU’s 27 remaining members to pursue an inward-looking strategy for managing their capital markets. But, as we argue in a new policy brief for the Centre for European Reform, the EU27 would be far better off keeping those markets open to – and, indeed, integrated with – London and the rest of the world.

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