The creation of the European Central Bank and the Euro have brought new challenges to EU integration and economic policy. This book looks into issues ofmonetary and factor market policies. The analysis also presents new theoretical and empirical research on the - transitory - decline of the...

The introduction of the euro marks a milestone in the process of European financial market integration. This paper analyzes the implications of the euro for cross-border banking activities. A portfolio model is used which captures the role of banks as providers of informational and of...

Introduction -- The Role of Banks in Financial Integration: Some New Theory and Evidence from New EU Members -- Interdependence Between Foreign Exchange Markets and Stock Markets in Selected European Countries -- The Transatlantic Banking Crisis: Lessons, EU Reforms and G20 Issues -- Financial...