Here’s the translation to American English:
The second day of the Medcap Forum, a key event for the growth of small and medium-sized enterprises, focused on the announcement of a new savings and investment account at the European level. Carla Díaz, General Director of the Treasury and Financial Policy, presented this initiative, which aims to direct the savings of Spanish households—traditionally invested in real estate and deposits—toward more strategic investments in Europe. The proposal includes tax benefits and will be developed in collaboration with several European countries, such as Germany, France, and Italy.
In this same context, Ángel Benito, General Director of Markets at the CNMV, emphasized the new method of initial public offerings known as BME Easy Access. This new option aims to facilitate access for new companies to capital markets, given that in the last five years, 50% of companies interested in going public chose not to, highlighting the need to simplify and streamline the market entry processes.
Javier Esteve from Morgan Stanley also stressed the importance of this flexibility in a rapidly evolving market, noting Spain’s significant position in Europe in terms of capital increases for listed companies.
The event included panels that addressed topics related to the fixed-income markets and the real estate sector. These discussions focused on regulation and investment needs in housing, emphasizing the relevance of having a stable regulatory framework that attracts capital.
The Forum, which will conclude tomorrow, has facilitated over 1,000 meetings between companies and investors, reaffirming its crucial role in promoting business growth and funding in the country.
Referrer: MiMub in Spanish