Danmarks Nationalbank regularly provides its perspectives on economic and financial matters at various events and meetings. Speeches and presentations provide insight into Danmarks Nationalbank’s contribution to the event or meeting in question.

Danish economy

Christian Kettel Thomsen: It is important to strengthen the EU's single market so there can be more attractive projects to invest in

There has been a massive focus on the EU's competitiveness, innovation and increasing demands for security, that will require large investments. If we are to succeed with these agendas, it is crucial that the single market and the EU capital market support the efficient allocation of funds to EU’s firms. This was one of the points Christian Kettel Thomsen made when he spoke today at F&P and Think Tank Europa's Investment Summit 2025.

Although the EU has a robust financial sector, there is a lack of venture capital to invest in European firms.

"There are two main obstacles to investments finding their way to where they are most useful. First of all, the EU's single market and capital market remain fragmented. Although the rules are common in the EU, European firms and investors are faced with additional national rules or different supervisory practices when they move across borders. If more capital is to be invested in Europe and competitiveness is to improve, it is necessary to limit national exemptions and special rules so that the EU's capital can find its way to the most attractive projects across Europe" said Christian Kettel Thomsen and continued:

"Secondly, financial rules in the EU have become so complex that they are perceived as an unnecessary chain around the leg. That is why we should look at simplifying rules and reducing burdens. However, this must not be at the expense of financial stability and confidence in the financial sector. A robust and well-capitalised financial sector is a prerequisite for stable lending that supports the firms – even in times of crisis."

"Removing obstacles in the capital market is a difficult task, and it will require difficult compromises, but it is necessary. We need to strengthen the internal market so that there can be more attractive projects in Europe to invest in. The funds are there." Said Christian Kettel Thomsen in conclusion.

(The presentation can be found below).

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