for convergent clusters in banking efficiency. Findings - Our main findings show that the bank efficiency of the US is … convergence of efficiency of Eurozone, European and US banking. Finally, in our paper special consideration was given to the …Purpose - This paper investigates the development of efficiency and the progress of banking integration in the European …

EU cohesion policy (convergence objective). According to the fifth cohesion report "cohesion policy has made a …, GNI per capita, unemployment rate, etc.). In this paper the authors focus on the regional economies' efficiency. The … efficiency will be measured using the Data Envelopment Analysis. Due to the method used, the efficiency will be measured as …