EU agrees to harmonise EU insolvency laws to enhance cross-border investments, capital markets

Core Viewpoint - The European Union has reached an agreement to harmonize insolvency laws across its 27 member states, aiming to facilitate investment and enhance liquidity in the EU capital market [1] Group 1 - The agreement involves the European Parliament and EU governments working together to create a unified framework for insolvency laws [1] - The harmonization is expected to make it easier for investors to navigate the legal landscape across different EU countries [1] - This initiative is part of a broader effort to strengthen the EU's capital markets and promote cross-border investments [1]