regime, euro area banks could pledge all euro area bank loans as collateral, not only domestic loans as before the framework …

after the euro. There is no evidence of cointegration after the adoption of the euro. Cross-country portfolio …The euro was launched, on 1 January 1999, as a common currency for members of the European Union that complied with the … impact of the euro on the degree of market integration by looking at the comovement of the European equity markets and a …

The paper provides an analysis of the euro area money and bond markets and their infrastructure since the introduction … of the euro. Significant development in terms of integration took place in both markets in general to a various degree … but apply more generally to euro securities infrastructure, identifies fields where further action is required. This …

countries and Swedish financial sector over the sample period 2000-2011. Johansen method of multivariate cointegration is …