incompatible with Europe’s social market economy. convergence in the eu and in the euro area is a necessity: the European growth … long-term growth and productivity weakness. Finally, the EU, especially the euro area, suffers from a lack of convergence … single market, a key asset to promote growth and economic well-being, does not undermine the ability of countries to raise …

The single market is often perceived as the panacea for Europe's economic troubles. It is believed that completing the … single market would boost welfare, stimulate growth and increase European competitiveness. However, identifying and … quantifying the channels through which market integration is expected to engender growth is methodologically complex. Although the …

banks with large balance sheets. As growth picks up in the euro area, there are discussions about how to normalise monetary … market volatility, this process needs to be done gradually and preferably passively, by holding to maturity assets purchased … needs to be communicated early in order to reduce uncertainty for market participants and avoid any disruption of financial …

instruments could provide market-based insurance to protect the euro area from future debt crises. Risk-sharing with the markets …The euro-area sovereign debt crisis is receding. Europe is on a recovery path, growth is broad-based and unemployment … banking union, and make for a more resilient euro area. The promotion of the banking union and the establishment of a European …

result from the working of the single market, which like international trade is also an exclusive competence of the EU. …

-making with higher levels of financial literacy. 2) mortgage-debt makes up an overwhelming share of total debt of euro …

suggests that cross-border capital market integration can be an important complement to fiscal risk sharing; and the departure … from the EU of the United Kingdom - home to the EU’s main capital market centre - makes the project even more relevant …