cover of episode Business France: Firms Raising Capital in EU over UK (Audio)

Business France: Firms Raising Capital in EU over UK (Audio)

2022/11/16
logo of podcast Bloomberg Daybreak: Europe Edition

Bloomberg Daybreak: Europe Edition

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Shownotes Transcript

Pascal Cagni, chairman of government agency Business France, says consumer and industrial firms are preferring to raise capital in the European Union rather than in London. He tells Bloomberg's Stephen Carroll and Lizzy Burden that fundamentals are "only playing in one direction" since Brexit, as the Paris stock market surpasses London to become Europe's largest. Cagni also pointed to Emmanuel Macron's re-election in France as giving businesses political stability in policymaking. See omnystudio.com/listener) for privacy information.