The new European Commission, within the framework of the Juncker Plan, has prioritized the creation of a Capital Markets Union within the European Union. The project is complex, and managing expectations will be vital.
The transition must be handled with care. If the reduction of bank participation in financing the real economy occurs too quickly, without alternative market sources already in place, we will be jeopardizing the economic recovery process in the EU.
José María Roldán, Chairman of the Spanish Banking Association
