On 8 October 2001, more than 31 years after negotiations had begun, the Council of the European Communities adopted Council Regulation No 2157/2001 (u0093Regulation 2157/2001u0094) on the statute for a European company and the related Council Directive 2001/86/EC supplementing the statute for a...

It seems that the smaller Member States should not be very happy with the draft Constitution presented at the Thessaloniki European Council with respect to the three major issues discussed - the permanent President of the European Council, the size and composition of the Commission and the...

Vattenfall is a Swedish-owned international electricity and heat supplier. In recent years, it has become the fourth-largest generator of electricity and the largest producer of heat in Europe Vattenfall is a public limited company, shares of which are owned by the Swedish government.

The purpose of the evaluation is to provide a comprehensive and independent assessment of the European Union (EU)’s past and present cooperation in Ivory Coast, in order to draw key lessons and make recommendations for the future, including within the context of joint programming between the...

The aim of this paper is twofold. First, for West Germany, France, Italy and US, we econometrically select within a SVAR model some fiscal policy regimes, i.e. a u0094set of rulesu0094 for the implementation of fiscal policies. Second, we identify the fiscal policy shocks related to different...

This paper examine differences between risk-neutral and objective probability densities of future interest rates. The identification and quantification of these differences are important when risk-neutral densities (RNDs), such as option-implied RNDs, are used as indicators of actual beliefs of...

Two seemingly unconnected empirical results suggest an intriguing mechanism. First, economic integration helps harmonize prices internationally, with trade being the primary channel (Rogoff 1996, Goldberg and Knetter 1997). Second, monetary union may greatly increase the amount of trade among...