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By and large, EU financial integration has been a success story. Still, the reform agenda is far from finished. What are the remaining challenges? What are the
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As time elapses since the introduction of the Euro, it is legitimate to start asking what impact the new currency and the single monetary policy have had on Eur
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The clearest and most up-to-date account of the achievements—and setbacks—of the European Union since 1945. Europe has been transformed since the Second Wor
The Transformation of the European Financial System
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Since the creation of the euro and a European Central Bank, the European Union has persistently pursued financial market integration throughout periods of econo