Euronext CEO Stéphane Boujnah expressed support for German Chancellor Friedrich Merz’s proposal to create a unified European stock exchange. Boujnah emphasized that consolidating European markets would enhance liquidity, improve competitiveness, and make it easier for companies to raise capital while reducing market fragmentation.
Euronext is actively working on integrating with other European operators, including the Athens Stock Exchange, as part of its strategy to streamline trading infrastructure across the continent. By creating a more interconnected market, the initiative aims to position Europe as a stronger competitor to major global exchanges in the United States and Asia.
Analysts note that a unified exchange could benefit both investors and companies by providing broader access to capital, deeper liquidity pools, and more transparent pricing. It may also reduce transaction costs and simplify cross-border trading within the EU.
Investors and policymakers are closely watching the proposal, as its implementation would require coordination among multiple national regulators and trading platforms. If successful, the plan could mark a significant step toward strengthening the European financial ecosystem and fostering greater market efficiency.
Overall, Euronext’s support underscores the growing interest in creating a more unified and competitive European capital market amid increasing globalization and technological advancements in trading infrastructure.
