{"id":73572,"date":"2026-04-12T03:08:39","date_gmt":"2026-04-12T03:08:39","guid":{"rendered":"https:\/\/www.europesays.com\/afrique\/73572\/"},"modified":"2026-04-12T03:08:39","modified_gmt":"2026-04-12T03:08:39","slug":"3-places-boursieres-aux-etats-unis-34-en-europe-pourquoi-la-fragmentation-financiere-handicape-lue","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/afrique\/73572\/","title":{"rendered":"3 places boursi\u00e8res aux \u00c9tats-Unis, 34 en Europe: pourquoi la fragmentation financi\u00e8re handicape l\u2019UE"},"content":{"rendered":"<p>\n    Le \u00abmarch\u00e9 int\u00e9rieur\u00bb de l\u2019Union europ\u00e9enne est une r\u00e9alit\u00e9 pour les marchandises, les personnes et les services. En revanche, les entreprises et l\u2019\u00e9pargne des Europ\u00e9ens auraient bien besoin de davantage d\u2019unit\u00e9 financi\u00e8re.<\/p>\n<p class=\"fig-paragraph\">L\u2019union fait la force. C\u2019est le principe du \u00abmarch\u00e9 int\u00e9rieur\u00bb\u00a0: institu\u00e9 par le trait\u00e9 de Maastricht de 1993, il est caract\u00e9ris\u00e9 par \u00abla libre circulation des marchandises, des personnes, des services et des capitaux\u00bb entre \u00c9tats membres de l\u2019Union europ\u00e9enne (UE). C\u2019est pourquoi vous trouvez ais\u00e9ment de la moutarde polonaise au supermarch\u00e9, quitte \u00e0 faire grincer des dents les Dijonnais\u00a0!<\/p>\n<p class=\"fig-paragraph\">Mais pour ce qui est des capitaux, la fluidit\u00e9 promise reste entrav\u00e9e par nombre de r\u00e9glementations locales et par une fragmentation des march\u00e9s. \u00abAux \u00c9tats-Unis, il y a trois places financi\u00e8res \u2013 le NYSE, le Nasdaq et la Bourse de commerce de Chicago \u2013 tandis qu\u2019il y a en a 34 dans l\u2019UE\u00bb, indique Vincent Juvyns, directeur de la strat\u00e9gie d\u2019investissement chez ING Belgique.<\/p>\n<p>                                                Des march\u00e9s trop \u00e9parpill\u00e9s<\/p>\n<p class=\"fig-paragraph\">Certes, il y a bien Euronext qui, n\u00e9 en 2000, regroupe aujourd\u2019hui sept places europ\u00e9ennes. \u00abChez Euronext, l\u2019union ne fait pas r\u00e9ellement la force, d\u00e9plore cependant Alain Lemasson, ancien banquier et auteur de L\u2019union des\u2026<\/p>\n<p class=\"fig-premium-paywall__infos\">\n        Cet article est r\u00e9serv\u00e9 aux abonn\u00e9s.        Il vous reste 83% \u00e0 d\u00e9couvrir.\n    <\/p>\n<p class=\"fig-premium-paywall__title\">Vous avez envie de lire la suite ?<\/p>\n<p class=\"fig-premium-paywall__subtitle\">D\u00e9bloquez tous les articles imm\u00e9diatement.<\/p>\n<p class=\"fig-premium-paywall__connect\">\n                D\u00e9j\u00e0 abonn\u00e9 ?                <a class=\"fig-premium-paywall__connect-link\" href=\"https:\/\/connect.lefigaro.fr\/login?client=bourse_web&amp;type=main&amp;redirect_uri=https%3A%2F%2Fbourse.lefigaro.fr%2Factu-conseils%2F3-places-boursieres-aux-etats-unis-34-en-europe-pourquoi-la-fragmentation-financiere-handicape-l-ue-20260411\" data-js-gtm=\"{&quot;event&quot;:&quot;customEventGA4&quot;,&quot;eventName&quot;:&quot;click_action&quot;,&quot;feature&quot;:&quot;paywall&quot;,&quot;location&quot;:&quot;paywall&quot;,&quot;button_action&quot;:&quot;connect&quot;,&quot;click_text&quot;:&quot;Connectez-vous&quot;}\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n                    Connectez-vous<br \/>\n                <\/a>\n            <\/p>\n","protected":false},"excerpt":{"rendered":"Le \u00abmarch\u00e9 int\u00e9rieur\u00bb de l\u2019Union europ\u00e9enne est une r\u00e9alit\u00e9 pour les marchandises, les personnes et les services. En&hellip;\n","protected":false},"author":2,"featured_media":73573,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[207,18,6629,67,27372],"class_list":{"0":"post-73572","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-europe","8":"tag-bourse","9":"tag-europe","10":"tag-placements","11":"tag-ue","12":"tag-wall-street"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@afrique\/116389537501002864","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/afrique\/wp-json\/wp\/v2\/posts\/73572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/afrique\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/afrique\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/afrique\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/afrique\/wp-json\/wp\/v2\/comments?post=73572"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/afrique\/wp-json\/wp\/v2\/posts\/73572\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/afrique\/wp-json\/wp\/v2\/media\/73573"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/afrique\/wp-json\/wp\/v2\/media?parent=73572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/afrique\/wp-json\/wp\/v2\/categories?post=73572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/afrique\/wp-json\/wp\/v2\/tags?post=73572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}