( August 20, 2026, 09:16 GMT | Official Statement) -- MLex Summary: Europe faces two main barriers to growing AI companies, including internal barriers within the EU's Single Market and fragmented capital markets, Christine Lagarde, President of the European Central Bank, has warned in a speech. Policymakers are addressing the internal barriers with the “EU Inc.” proposal, which would allow companies to incorporate once and operate across member states under common rules. Firms that can scale across Europe, however, need capital that can scale with them, which is why legislators are working on a capital market integration package by the end of this year, she said.Statement follows....
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