<ul><li>Closing the funding gap throughout the company and innovation cycle is good news for European companies.</li><li>Fragmented capital markets limit Europe's ability to compete globally.</li><li>Fragmentation hinders startups and SMEs' ability to raise cross-border funds.</li><li>Europe's fragmented capital market contributes to a 'capital drain' as companies seek better funding options outside the continent.</li></ul>

Why the Capital Markets Union initiative is essential for European businesses?

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