The European Community since its very inception has been seeking to develop close ties with the Southern Mediterranean countries, but in the beginning, it focused only on the economic aspects of the relationship. However, with growing awareness of the imperatives of European security, which...

This paper examines the volatility spillover effects among Mediterranean equity markets and investigates the effects of the 2007 financial crisis. German, Greek, Spanish, Italian and Portuguese markets are investigated. German market is used as a benchmark market. We employ a multivariate...