Competitive capital markets, Europe’s challenge

Édouard-François de LENCQUESAING Chief Executive, European Institute for Financial Regulation (EIFR) [vc_btn title= »Downlowd the article » style= »outline » color= »blue » align= »right » i_icon_fontawesome= »fa fa-file-pdf-o » add_icon= »true » link= »url:http%3A%2F%2Fprod.confrontations.org%2Fwp-content%2Fuploads%2F2016%2F03%2FRevue-107-Competitive-capital-markets-Europe%E2%80%99s-challenge-p29.pdf||target:%20_blank »] The markets will be instrumental as a significant source of financing for entrepreneurial risk taking. The European financial markets must trigger growth in Europe, insists Edouard-F de Lencquesaing. As the crisis that placed stability at the heart of the political debate recedes, the question becomes how to recreate a real collective interest in risk? How to relaunch the entrepreneurial spirit throughout the European private sector and share it with the political sector and financial regulators in order to re-establish that subtle and key balance between stability and growth? We are at the heart of the financial industry’s mission. The “risk factory” between entrepreneurs and investors must optimize risk- reward versus mid to long-term capital appreciation. Up until recently this financing relied upon bank credit and, particularly in France,