The three major reform trends in Europe are worth looking forward to
July 29, 2019 09:15 Source: "China Social Sciences" July 29, 2019, No. 1744, author: Reporter Wang Xiaozhen

Newspaper (Reporter Wang Xiaozhen) July 25,"2019 China Future Financial Summit" is held in Beijing。Former Prime Minister Guy Verhofstadt, a former Prime Minister of Belgium, made a keynote speech at the opening ceremony,Political turmoil、Technical subversion、The three major global trends of uncertainty are impacting the world。In this background,From the economy、Industry、From the perspective of the bet365 best casino games financial industry,There are three major issues in Europe in the future to follow。

1 is to increase investment,Dedicated to promote the reach of the free trade agreement。Current,The free trade system has been under tremendous pressure。Trade should not become a risk factor for the future,should become an important means to bring opportunities。EU has been with Canada、Singapore、Japan and most South American countries have signed a free trade agreement,Now is with Mexico、India、Australia、New Zealand on a free trade agreement to negotiate。In the next few years,EU needs to continuously accelerate this process,To cope with the increasingly bet365 best casino games rising trade protectionism。EU thinks,The prospect of signing a free trade agreement between China and the European Union is also very broad。

Second, continue to complete the integration of a single market in Europe。The single market in Europe has covered 500 million people,This huge consumer market is mainly based on the product and service,But it still needs to be further improved in the future,Capital、Digitalization and other key areas should be further realized for integration。Current,The financial market within the European Union is still fragmented。For example,The mortgage market is still separated from each other,Real estate in Finland cannot be used bet365 live casino games as a loan mortgage to support projects in Italy。other,Different digital markets due to lack of integration,Few digital giants root in Europe。EU does a good job in generating data,But did not use the data through the digital platform,There is no single data market and a unified regulatory subject。

Third is to further promote the reform of the capital market。While completing the construction of the banking alliance,EU will also change the currency governance mechanism as soon as possible,Especially to improve the governance mechanism of the euro area。A new euro zone virtual "security assets" should be created ("security assets" are essentially Bet365 app download a derivative product generated according to the weight of each sovereign),This asset should be able to get the guarantee of the EU budget,Endorsement from the entire euro zone government。

Felhhov Stert said,These three trends are related to Europe's future prospects,is a challenge that Europe needs to deal with。

Editor in charge: Cui Cen
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