MiFID II: What It Means For EU MarketsFrancesco Zingoni
19 of them use the euro as their official currency, that is, 19 of them are in the Eurozone. The European Union (EU) The following countries are EU member states: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, ...
“Rather than any need of advanced tech innovations,which European home-born ones are not lagging behind, ” I answered, “ what the European market really lacks, is a unified, free and responsive consumer market in order to sustain the rapid scaling-up of brand-new technology or business mo...
The European Union (EU) has done much over the years to further economic and security cooperation between its member states. The creation of a single market and the provision of a common currency have greatly facilitated the transfer of people, goods, services, capital, and knowledge across Euro...
The euro was created to facilitate and integrate the European economy, and it is managed by the ECB. The Greek debt crisis threatened other EU countries, showing that the interdependency on currency does have a downside. Other European countries such as Denmark use their own currency. They have...
Within the EU, if the law of a member state is regarded to be against the EC Treaty, the European Commission will initiate a lawsuit in the European Court of Justice to enforce the member state to bring its law into conformity with the EC Treaty. 10. The International Court of Justice ...
Has a strong economic position, significant impact on the EU market, and is active in multiple EU member states Has a strong position as an intermediary linking a large user base to a large number of businesses Has or will soon have an entrenched position in the market, which is determined...
“The idea behind the Single Market is simplicity itself: treat the EU as one territory where people, money, goods and services interact freely to stimulate competition and trade, and improved efficiency. The increased choice of goods and services will raise quality and cut prices. It is the ...
The correlation between theeuroand the Swiss franccurrency pairsis too strong to be ignored by traders on the forex market. Thecorrelationbetween the two currency pairs EUR/USD (euro/U.S. dollar) and USD/CHF (U.S. dollar/Swiss franc) is negative 98.4% as of November 2024.1 This represents...
That has forced the EU to introduce measures like ECB guarantees for the debt issued by member states in response to market turmoil caused by theEuropean sovereign debt crisis.5National governments and central banks remain constrained in responding to economic conditions in their country by their rel...