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Recommendation
The achievement of integrated capital markets in the European Union appears simple in concept but has proved difficult in execution. Local preferences often supersede cross-border harmony in critical areas like regulation and supervision. In this erudite report, analysts Karel Lannoo and Apostolos Thomadakis outline a plan to attain more standardized financial markets across EU countries. Policy experts, regulators and financial professionals will find here much worthwhile information on the challenges of building a single capital market in Europe.
Take-Aways
About the Authors
Karel Lannoo is the CEO of the Centre for European Policy Studies and general manager of the European Capital Markets Institute. Apostolos Thomadakis is a researcher at both organizations.
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