“The true step today,” he continued, “is to move from the capital markets union as it was before to an idea that we are integrating financial services for a much bigger purpose — that is, to finance the [green and digital] transition.” The point being, he explained, that finance should be a form of leverage to achieve important things for the bloc as a whole and its citizens.
“I am more optimistic today than I was yesterday,” he said.
Part of the challenge, Letta argued, is to find new and more positive ways to make people want closer integration within the EU. “We don’t have Covid, and [Russian President…