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Stéphane Boujnah, boss of Euronext: “There is no cultural risk aversion in Europe”

Published on December 1, 2024 at 7:42 p.m. / Modified on December 1, 2024 at 8:40 p.m.

9 mins. reading

  • Stéphane Boujnah is an expert in business financing

  • At the head of Euronext since 2015, he multiplies initiatives to increase and standardize the capital market in Europe

  • The stakes are high since underinvestment represents the main obstacle to the essential European economic catch-up.

A first online appointment is postponed. The Chairman and CEO of Euronext must “talk” with Mario Draghi and Emmanuel Macron, we are whispered. When the interview took place two weeks later, Stéphane Boujnah put things into perspective. He modestly specifies that he participated that day, alongside other business owners, in a videoconference with the former president of the European Central Bank and the French president. The event was organized in the wake of the publication of the report written by the man who was nicknamed “Super Mario” for a long time. Commissioned by the European Commission, the 400-page book paints an alarming and alarmist picture of European economic decline.

Mantra of the new team at the head of the European Union confirmed in office on Wednesday, competitiveness will also be at the heart of the sixty minutes devoted to us by the boss of the continent's leading stock exchange operator, at the head of seven places including , Amsterdam and Rome. This shows that Stéphane Boujnah is well placed to know that one word above all lies behind the torments to which the single market is prey: underinvestment. And the man who has devoted most of his career to financing economic activity refuses to give in to fatalism, multiplying initiatives to facilitate the circulation of capital on the Old Continent.

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