D-day for EU’s battle plan to rival Wall Street

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The EU will on Thursday unveil plans to supercharge its finance industry, tearing up swathes of rules in a bid to take on Wall Street. The package, which is massive in scope and ambition, would amend at least 10 financial laws to crack down on protectionism and unclog the EU's financial plumbing. But Brussels' ambitions to create a U.S.-style financial market will reopen political wounds, especially its plan to create a powerful EU watchdog for financial markets. Despite the bloc's urgent need

D-day for EU’s battle plan to rival Wall Street https://www.politico.eu - 03.12.2025 08:11

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D-day for EU’s battle plan to rival Wall Street https://www.politico.eu - 03.12.2025 08:11