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EU’s 6 biggest economies agree on capital markets supervision

Finance ministers ⁠from the EU’s six ⁠biggest economies (E6) have agreed a ⁠common position on a European Commission proposal for joint capital markets supervision, Germany’s finance ministry said on Friday. The push for financial market players to be supervised at a European Union rather than national level is part ‌of a bid to boost the bloc’s competitiveness as it struggles with weak growth and fierce competition from the United States and China. Supervision of significant market...