EIB's Calviño Says Brexit Divided Europe's Capital Markets

Nadia Calviño, President of the European Investment Bank, highlighted the impact of Brexit on Europe's capital markets, suggesting that the UK's departure has hindered the EU's ability to unify its financial systems. She emphasized that London's role as a central hub for European finance was compromised post-Brexit, leading to fragmented market integration efforts. This underscores the broader implications Brexit has had on European economic cohesion and the challenges it presents for future financial collaborations across the EU.