The European People’s Party (EPP) welcomes the Capital Markets Union (CMU) package proposed by the European Commission today.
“As Europe is coming out of the crisis, it is important that we provide our businesses with a competitive and diversified capital market. The CMU will not only allow small and big companies to access more funding, but will also attract more external investment into Europe,” said EPP President Joseph Daul.
“The free movement of capital is one of the four freedoms of the Single Market and we need to eliminate internal barriers that serve as obstacles to the flow of capital. Small and medium enterprises will be the first to take advantage of the CMU and the innovative instruments it brings along. In particular, we see the European Commission’s promotion of crowdfunding, crowdinvesting and peer-to-peer lending as important innovative tools for SMEs and start-ups to raise funds more easily,” continued EPP President Daul.
“Europe needs more innovative companies in order to create jobs and remain the biggest economic power in the world. But for this we must build the right bridges between investors and businesses, including start-ups. The CMU is a step in the right direction and a crucial measure to ensure the long-term stability of the European Monetary Union,” the EPP President concluded.
The EPP Manifesto, also adopted at the 2012 EPP Congress in Bucharest, outlines the basic principles of the Party summary.
The EPP Manifesto, also adopted at the 2012 EPP Congress in Bucharest, outlines the basic principles of the Party summarising who we are, what our values are, what challenges are we facing and what vision we have for the future. The Manifesto was developed in parallel to the EPP Platform document within the EPP Working Group 1 for “European Policy”.
The EPP Platform is the core programme of our party outlining our main values, explaining the challenges our society is facing and presenting our vision for the future of European Union.
The Party Platform was developed in EPP Working Group 1 for “European Policy” chaired by EPP President Wilfried MARTENS ?and EPP Vice President Peter HINTZE. The Working Group consists of delegates of EPP member parties who prepared and worked?on this document for more than two years and received input?from the drafting committee as well as senior and young experts. The document was adopted at the 2012 EPP Congress in Bucharest, thus replacing the Basic Programme of Athens from 1992.
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