Member States are permanently excluded. However, there remains a risk that France and Germany will use the idea of a core Europe to cajole others into accepting their demands. Such a strategy would be deeply divisive for the Union. Franco-German cooperation is welcome if u0096 and only if u0096...

The mission of the Directorate-General for Justice and Consumers is to uphold and strengthen the rights of people living in the European Union, whether they are acting as consumers, entrepreneurs or workers and the rights of EU citizens in the European Union and abroad. Our policies and our...

This study empirically examines the development of the high-yield segment of the corporate bond market in the United States, as a pioneer country, and the United Kingdom and the euro area, as later adopting countries. Estimated diffusion models show for the United States a significant pioneer...