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Spanish initiative to advance Capital Markets Union set up

( March 11, 2025, 15:02 GMT | Official Statement) -- MLex Summary: The new framework proposed by Spain to advance with the integration of the Capital Markets Union and mobilize private financing has been set up. At a meeting yesterday, the initiative — dubbed the European Competitiveness Lab — was welcomed by several EU member states including Germany, France, Italy and Poland. The countries discussed a preliminary list of projects, which include the creation of a savings product that encourages the mobilization of citizens' savings for investment in projects of European interest.Statement follows (in Spanish)....

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