Puts the decline of the euro’s value following its introduction down to rapid US economic growth and the expansionary policies of the European Central Bank. Contrasts popular UK opposition to joining the euro with business pressure to do so, and suggests that the five stated conditions for...

Discusses the changes in European banking since the introduction of the euro, providing statistics on mergers and acquisitions (mostly domestic) and their effects on assets both inside and outside the eurozone. Considers the factors which make cross‐border mergers less attractive, the effect...

Assesses the effect of the introduction of the euro on capital markets, noting “explosive growth” in the corporate bond market and a rising demand for junk bonds. Believes that equities are funamentally strong, although foreign investors have suffered from falling euro values, and sees some...

Asks whether the introduction of the euro has added value to firms, noting that it has reduced imports, exchange rate volatility and transaction costs in member states; and stimulated European mergers and acquisitions and cross‐border deals, even though these may be hampered by nationalism,...

Purpose – This paper seeks to investigate the relationship between volatility and autocorrelation in major European stock index futures markets. Design/methodology/approach – The methodology is based on the exponential autoregressive model with conditionally heteroskedastic errors...