The European economy is emerging from its deepest recession since the 1930s. This volume, which brings together economic analysis from the European Commission services, explains how swift policy response avoided a financial meltdown; but turning the ongoing recovery into sustained growth...

Fiscal policy making in the European Union is a national prerogative that is carried out and co-ordinated within the remits of the Stability and Growth Pact (SGP). The SGP Member States have agreed upon a rules-based framework which, abstracting from operational details, aims to ensure long-term...

The introduction of the euro as a common currency and the establishment of the Economic and Monetary Union (EMU) have in a very short time changed the financial landscape of Europe. Major restrictions on financial flows across the borders of the European Union's Member States have been abolished...

Financial markets in Europe have become increasingly integrated in recent years, leading to a rise in foreign ownership of domestic equities and other assets. This volume brings together ten expert contributions to provide an authoritative analysis of the evolution and implications of foreign...