European Union markets need one organizer

The world’s largest sovereign wealth fund this week will tell the European Union that the “best and simplest organization” is the key to reforming the markets you need urgently.

“European markets have been delayed over time in terms of work dynamics and new investment opportunities for institutional investors,” said Norges Bank Investment Management, the largest one in the European Union’s capital market, in a letter addressed to the European Commission that will be sent on Tuesday.

The message comes as part of Consulting the European Union To create a Savings and Investments Union A frame to simplify the financial systems of the mass. The European Union has more than a decade discussing and moving towards the creation of a Capital Markets Union To enhance investment and provide flows throughout the region.

NBIM, the director of huge oil and gas revenues in Norway, had 285 billion euros (325 billion dollars) in the securities issued by the European Union member states and European companies at the end of 2024. The total value of the fund was about $ 1.9 trillion in 2024, according to what it said. The annual reportWith 71 % of its origins in stocks and 26.6 % in fixed income.

He said in the letter that there is a major recommendation that “supervising the capital markets must be unified at the European level.” The European Union lacks one organizer in the safety market or the book of rules that covers all trading, and this leads to legal uncertainty, operational complexity, long operations, and unexplored interpretations, continue.

She said that the European Union must address the regional fragmentation in the Securities Law, the Companies Law, Support, Tax Systems, and the unification of the process of issuing European debts.

NBIM said: “European capital markets can become more dynamic, effective and better in their position to facilitate future economic growth with policies that enhance the supply of productive investment opportunities and increase the demand for high return investments,” NBIM said.

Feelings towards European markets between global investors have witnessed a remarkable transformation over the past six months, supported Political turmoil in the United States And the forecasts of organizational reform and Top financial spending in the European Union. “Europe grows up and controls its fate, which can be positive for kidney trends,” Blair Jacobson, President of the Ares Management Company, He said last week’s conferenceNoting that there was a clouds in Europe more than the payment factor from the United States