The problems identified seem to lie principally within the gift of the Member States. What can the EU do?
We recognise that, in particular, with regard to the fiscal barriers cited in the report, the Member States will need to consider how best to proceed. There are no easy solutions, but the report does explain where the problems are most acute and which issues need to be debated at national level in order to facilitate a more integrated European market for private equity. The report puts forward a compelling case for engagement with these issues. The ball is now in the Commission’s court to consider how it is best place to support this process and whether, and how, is able to build on these recommendations. The support and engagement of the Member States will be critical in improving the situation for the European private equity industry.
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