Competitiveness has become the defining challenge for the European economy. However, the EU's financial system is still constrained by a regulatory framework focusing on stability and consumer protection.
According to experts,
resilience is indispensable but insufficient capital towards innovation, digitalisation and green investment weakens growth and stability.
Authors: Judith Arnal, Pablo Zalba, César Gurrea.
Author's summary: Boosting Europe's productivity requires a new regulatory framework.