by Huw Jones
(Reuters) – The EU turns to stock and bond markets this week with reform proposals intended to help companies raise the cash needed for growth-boosting investments, hoping to emulate the more active capital markets of the United States.
Jonathan Hill, the EU’s financial services chief, will on Wednesday set out possible reforms to create a capital markets union (CMU), eliminating national rule differences to help markets complement bank lending in doing the heavy lifting involved in raising money for the economy.
