This paper proposes to assess financial intermediation efficiency in Germany, France, the UK, and Europe more broadly …, the UK and Europe as a whole. Second, the unit cost of financial intermediation increased over the past 40 years, except …

the place of Europe within the global timber market, where Europe accounts only for a very limited share. It also explains … effects are positive on a limited number of companies which markets are very dependent of Europe. The question is then …