The European economy suffers from capital market fragmentation and bureaucracy, which hinders adequate financing for innovation and start-ups, said Ursula von der Leyen, President of the European Commission, yesterday in her speech at the World Economic Forum, which is taking place in Davos, Switzerland. Ursula von der Leyen said: "European household savings are almost euro1.4 trillion, compared to just over euro800 billion in the US. But European companies are struggling to take advantage of