Liberal International - ALDE Party Joint Statement on the ‘Election’ of the President of Georgia
On Tuesday, Renew Europe welcomed the adoption of the Listing Act Package by the European Parliament Committee on Economic and Monetary Affairs (ECON).
The draft text aims to ease access to finance for companies by facilitating listing on stock exchanges and alleviating the administrative burden, essential to support their growth and resilience.
European companies, especially SMEs, face a structural challenge of access to finance and the stock markets play a pivotal role in solving this problem.
“Our SMEs need easier access to capital market financing in order to grow and compete internationally. With this report, the European Parliament sends a strong message: we need to cut red-tape and complete the Capital Markets Union,” said Eva Poptcheva MEP (Ciudadanos, ES), Vice-Chair of the ECON Committee and Renew Europe shadow rapporteur on the Listing Act Package.
The endorsed text ensures a reduction in costs for companies wishing to list on stock exchanges, alongside protection for investors. In addition, competent authorities will be able to investigate any potential market abuse more effectively.
The final compromise grants SMEs enhanced visibility to investors and introduces the possibility of adopting multiple-vote share structures everywhere in the EU.
✅Adoption of the Listing Act Package by @EP_Economics!
— Renew Europe (@RenewEurope) October 24, 2023
It will ease access to finance for companies by facilitating listing on stock exchanges & alleviating the administrative burden, essential to support their growth & resilience.@EPoptcheva 👇https://t.co/Z5eXepl6QB
ALDE uses functional and performance cookies that are necessary for the websites to function as well as possible. These cookies do not use any personal data and no permission is required for this. We also use marketing cookies to tailor the website to your preferences. You can give permission for this below. You can always change your settings on the Privacy Statement page in the cookies section.