Oddbean

France looks to elusive EU capital market to fix start-up funding ========== France is pushing for the integration of the European Union's fragmented capital markets to provide funding for its start-up sector. Currently, European start-ups rely on U.S. venture capital due to the lack of big investors at home. The French government is urging the European Commission to prioritize the revival of plans for an EU capital market union. The goal is to harmonize financial regulations and supervision across the 27-nation bloc. The French Finance Minister warns that without progress, start-ups like Mistral AI will seek funding elsewhere. Another solution proposed is to involve public sector investors, such as the European Investment Bank, in financing start-ups. A unified market would also make it more attractive for European venture capital firms to float companies in Europe rather than the United States. #France #Eu #CapitalMarket #StartupFunding #VentureCapital https://www.investing.com/news/economy-news/france-looks-to-elusive-eu-capital-market-to-fix-startup-funding-3457585