Enrico Letta believes that Luxembourg is holding back the integration of Europe's financial markets by challenging its central point: the extension of the Paris-based Esma's mandate. While the Grand Duchy supports the savings and investment union project, it advocates the maintenance of a decentralized supervisory model and national "expertise", particularly in the field of...
Savings and Investment Union: Luxembourg opposes European supervision

Photo by Cedric Letsch on Unsplash