Adoption of the Objectives of the Monetary and Economic Union and European Financial Integration

Abstract

The European concerns, with old traditions in forming multinational financial markets, developed in the integration of the financial markets and of the European banking systems which allowed the investors from any European country to follow the orders on the best market, through the best beneficiary, benefitting from the most effective financial-banking services. This market offers sophisticated and modern financial tools, which cope with the needs of the invertors, portfolio managers, transnational companies and traders, having an impact over the balanced economic development of the European countries and unemployment reduction.

Keywords

• financial-currency
• banking and capital market
• dual prices
• compensation and discount facilities
• portfolio management services
• liabilities markets
• assets market
• money-currency market
• derivative products markets
• credit market