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October 21, 2003

Four futures of Europe

Europe is at a crossroads. The enlargement with ten new members forces the European Union to reform its decision making process and to reconsider its policies.

December 3, 2001

Competition and stability in banking

Fiercer competition among banks raises welfare without unwarranted risks for stability.

May 2, 2001

Capital income taxation in Europe; trends and trade-offs

The EU capital market integrates. Portfolios become more international, cross border mergers are the order of the day, and never before has there been so much foreign direct investment.