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The euro became an international currency when it was created two decades ago. However, the euro's internationalisation … peaked as early as 2005 and it was never comparable to the US dollar. Its international status declined with the euro crisis …, Europe is reflecting on how to promote actively the internationalisation of the euro, to help ensure its autonomy. But …
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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 …
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. Illustrative stress tests using banks' balance sheet data reveal that significant stress prevails in the euro area's smaller and … substantially worse on the stock market. The vulnerable banks are typically hobbled by non-performing loans to European businesses …
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Investment (CAI). The text awaiting ratification aims to give foreign investors greater market access, enforceable via state … new market access in China, and that this small economic gain for the EU comes at the price of breaking ranks with its … true the CAI provides only modest new market access in China, but this is because China has already made progress in recent …
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. Improving the efficiency of insolvency procedures will be crucial for speedy and effective recovery. Targeted labour market … markets, it will be crucial to adapt social security and taxation systems in the context of the single market for labour. The … integrated EU market have been beneficial for European convergence and growth. Capital markets have an important role to play in …
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