Greek paper raises ‘red flag’ over Emu integration


The recent financial crisis has "neutralised" the integration resulting from the creation of the Economic and Monetary Union (Emu) in both equity and bond markets, according to a Bank of Greece working paper published today.

In Putting the Emu integration into a new perspective: the case of capital market holdings, George Palaiodimos says that initial gains from the formation of the single currency have been "cancelled [out]" since 2007. This reflects the "post-crisis disintegration" of Emu

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account