“Closing the EU’s investment gap is a strategic priority“. This is emphasized, among other things, in a social media post by the Eurogroup president and Minister of National Economy and Finance, Kyriakos Pierrakakis. Specifically, following his speech at the Euronext Conference in Paris, Mr. Pierrakakis notes in his post that “the Savings and Investment Union reduces barriers for business expansion, enhances liquidity for investors, and broadens investment options for savers”. “The EU has the savings, talent and innovation and can prosper with the right architecture, so that capital flows efficiently where it is needed”, he further notes.
Additionally, Kyriakos Pierrakakis emphasizes that “integrated markets are crucial for financing growth and strategic autonomy” while highlighting Greece’s example, stating that “Greece’s transformation shows what credibility, reforms and prudent policies can achieve”. Greece has now evolved into a country that contributes to European financial integration”, as Mr. Pierrakakis mentions, emphasizing that “Euronext’s acquisition of the Athens Stock Exchange represents another European success story in reducing capital market fragmentation”.
