Unless the political mood changes radically in Europe – an unlikely development – it would be unrealistic to expect the capital-markets union to be anywhere near as transformational as the banking union has been.
A menos que haya un cambio radical de la atmósfera política de Europa (algo muy improbable) no es realista esperar que la unión de mercados de capitales sea una transformación ni remotamente similar a la que supuso la unión bancaria.