The Euro Impact on European Financial Markets
Article Abstract:
Keywords: Monetary Policy, Convergence, Bonds, Financial Institutions The coming of the Euro marks one of the final phases of European monetary and economic integration. A single currency will be in effect throughout the eleven-nation European Monetary Union (EMU). The European Central Bank will be responsible for the supply of the Euro and maintaining price stability. The ECB will define EMU monetary policy, which the national central banks of the eleven EMU countries will implement.
Publication Name: Managerial Finance
Subject: Business
ISSN: 0307-4358
Year: 2000
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The Euro impact on European Financial Markets
Article Abstract:
The Maastricht Treaty of 1990 stipulated that the primary objective of the European Central Bank was to ensure price stability in the European Monetary Union and to formulate monetary policy. Since its adoption as the single currency unit in the European Union, the Euro's impact on interest rate, the bond and equity markets and financial institutions is still being assessed.
Publication Name: Managerial Finance
Subject: Business
ISSN: 0307-4358
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
The Euro Impact on European Financial Markets
Article Abstract:
The Euro's introduction as a single currency in Europe has consequences in business and banking and financial institutions. To survive and prosper against competition, European banks should develop expertise in financial markets.
Publication Name: Managerial Finance
Subject: Business
ISSN: 0307-4358
Year: 1999
User Contributions:
Comment about this article or add new information about this topic: