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Financial integration in the Eurozone should not be a tough sell

Brosens, Teunis, (2017), “Financial integration in the Eurozone should not be a tough sell”, Vox Eu, 24 Μαΐου

Much progress has been made in recent years to improve the financial integration of the Eurozone. Banking union is the most important example. Increasing stability is an important objective. But let us not forget that an integrated financial market also helps European consumers and companies in a more direct way. A fully equipped banking union and a well-functioning capital markets union enable financial service providers and consumers to easily trade across borders. This fosters competition and innovation, and in the end, ensures better services at lower prices.

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