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Press On With Capital Markets Project, Brussels Urges Bloc

Law360, London (March 15, 2019, 4:44 PM GMT) -- The European Union’s financial chief told leaders of member states on Friday to make it a priority to pass rules to ensure the bloc’s flagship project to boost private sector investment in business is realized by the end of the year.

Valdis Dombrovskis, the European Commission vice president for financial stability said the EU’s goal of creating a capital markets union requires commitment from EU leaders to ensure it is reached by the end of 2019 — and not simply political declarations.

“The success of the capital markets union depends on the actions of member states and stakeholders at national and...

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