Euro & Finance Archives

  • German elections and the EU [Archived]

    Elections 20-09-2005

    The inconclusive result of the elections in Germany on 18 September has for now left unclear how the country will address the key policy issues ahead.

  • Money laundering


    The controversial third money laundering directive was adopted by the Council on 20 September 2005. Its stated aim, to include terrorist financing within the money laundering provisions, seems uncontroversial enough, but it is the means and their implications for businesses and fundamental rights which are worrying financiers, lawyers and commentators.

  • Financial Services Action Plan

    Brexit 18-12-2004

    The EU's Financial Services Action Plan (FSAP) was designed to open up a single market for financial services in the EU. Begun in 1999, it comprises 42 measures designed to harmonise the member states’ rules on securities, banking, insurance, mortgages, pensions and all other forms of financial transaction. By the end of 2004, almost all of these measures have been adopted.

  • Financial literacy – a quick guide

    Brexit 17-12-2004

    The world of financial services abounds with acronyms, abbreviations and jargon terms. See the links below to sites which give explanations and definitions of these terms.

  • Basel II and the Capital Requirements Directives


    Rules on capital requirements are designed to protect savers and investors from the risk of the failure or bankruptcy of banks. They ensure that these institutions hold a minimum amount of capital. The Capital Requirements Directives were adopted in 2006 and are currently under review.

  • Enlargement and the euro


    All future members of the European Union will be
    eligible to join the European single currency, the euro, in
    accordance with the provisions of the Maastricht Treaty. The
    ten countries that are due to join the EU on 1 May 2004 have
    all expressed interest in joining the eurozone at the earliest
    possible time. However, monetary integration may take longer
    for some future members, notably Poland and Hungary, whose
    budget deficits are deteriorating while unemployment is
    soaring. The future members will also have to make further
    efforts toward catching up to EU levels of income per capita,
    which requires hard work in the area of labour markets and
    fiscal policy reform.

  • Dealing with corruption in Central and Eastern Europe

    EU Priorities 2020 30-09-2003

    The Commission has been monitoring corruption in
    the future EU Member States since the beginning of the
    enlargement process in order to allay fears of European
    citizens about ethics of governance in Central and Eastern

  • Good governance and corruption

    EU Priorities 2020 25-09-2003

    The EU has made fight against corruption one of
    its highest political priorities, both in its internal affairs
    and in its relations with third countries. In its relation with
    the candidate countries, the EU systematically includes
    corruption-related issues on the agenda and insists that its
    future Member States set up and implement national
    anti-corruption policies. The Union is also planning to make
    the fight against corruption an integral part of its external
    and trade policies.

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