Capital Markets Union
The Capital Markets Union (CMU) is a plan of the European Commission that aims to create deeper and more integrated capital markets in the 28 Member States of the EU. With the CMU, the Commission will explore ways of reducing fragmentation in financial markets, diversifying financing sources, strengthening cross border capital flows and improving access to finance for businesses, particularly SMEs. The CMU is a new frontier of Europe's single market. Its creation is a key element of the Investment Plan announced by the Juncker Commission in November 2014.
The link address is: http://ec.europa.eu/finance/capital-markets-union/index_en.htm