Emerging Markets News and Headlines

EU Capital Markets Reform Should Focus on Innovation Investment

The Bocconi Institute proposes six pragmatic reforms to close Europe’s “scale‑up gap” and boost venture‑capital financing for innovative firms. Using Dealroom data on 64,500 EU start‑ups, the report shows that VC investment in scale‑ups is under 10% of U.S. levels and that most exits flow to the United States. The proposals focus on EU‑labelled savings accounts, new private‑pension products, a pan‑EU IPO vehicle (EURIPO), custodial‑service harmonisation, innovation‑friendly securitisation, and an expanded role for the European Investment Bank. These measures aim to channel household savings into risk capital and reduce cross‑border frictions.