Politics

EU members clash over efforts to centralise markets supervision

Paschal Donohoe, president of the Eurogroup, said member states disagreed over the issue

Paschal Donohoe, president of the Eurogroup: ‘There is a very strong diversity of views at the moment on the future of supervision.’

European Union finance ministers are clashing over options to unify the supervision of national capital markets as the bloc is trying to bring closer the diverging systems to spur private investment for priorities including the green transition or defense.

Paschal Donohoe, president of the Eurogroup, said that member states disagreed over the level of ambition to build a common supervisory regime as part of the roadmap to progress toward a capital markets union that the ...