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EU countries are split on centralising capital markets supervision, with Luxembourg and Ireland opposed and large economies, led by France, in favour (Photo: European Union)

EU split over Commission’s push for centralised financial supervision

European leaders met in Brussels on Thursday (20 March) to debate a contentious proposal to centralise supervision of the EU’s capital markets.

France and other big economies are pushing for more EU-level oversight, but smaller countries, led by Ireland and Luxembourg, are resisting any move that would ...

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

EU countries are split on centralising capital markets supervision, with Luxembourg and Ireland opposed and large economies, led by France, in favour (Photo: European Union)

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

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