Euro Group determines measures to improve European capital market in the next five years.

　　Xinhua News Agency, Brussels, March 11 (Reporter Zhang Zhaoqing) The Euro Group issued a statement after its meeting in Brussels on the 11th, saying that it has identified three priority action areas and 13 specific measures to improve the operation of European capital markets in the next five years, so as to attract private capital into Europe and provide financial support for European green and digital innovation.

　　The statement said that an open, perfect and integrated European capital market is essential to promote the single market, attract necessary investment, improve the global competitiveness of the EU and create jobs.

　　The statement pointed out that from 2024 to 2029, Euro Group will take priority actions in three major areas to improve the European capital market: at the structural level, build a competitive, streamlined, efficient and flexible regulatory system; At the enterprise level, ensure that EU enterprises have better access to private investment; At the citizen level, let EU citizens get more profitable investment opportunities.

　　The statement also listed 13 specific measures such as developing the EU securitization market and strengthening the supervision and unification of the capital market to improve the operation of the European capital market.

Source: Xinhuanet