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A rational financial constitution of the EU should be able to fulfil redistributive objectives at minimum costs. The … and the pressure will increase to open new financial sources for the EU in form of a competence to issue debt and to …
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With the introduction of the Euro, a single European money market has emerged. Further wholesale financial markets are considered to be highly integrated within the European Union. However, integration in retail financial markets is less advanced. For measuring financial market integration this...
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