Germany and Europe Can Boost Security by Reforming Capital Markets
Poorly developed capital markets in Germany and across the European Union (EU) hurt European security. Reforming them can foster economic dynamism, reduce harmful dependencies, and enhance Europe’s military edge. If German and EU politicians took a strategic view, they would clearly see the need to overcome fragmentation in the financial sector, increase risk appetite, incentivize private investment in innovation, and optimize regulation to meet economic and security needs.
